Pablo Management has nine part-time employees, each of whom earns $230 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the nine employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4. New Year's Day. (January 1) was an unpaid holiday.

1. Prepare the year-end adjusting entry for wages expenses.

2. Prepare the journal entry to record payment of the employees' wages on Friday, January 4.

Journal entry worksheet Record adjusting entry on Monday, December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Journal entry worksheet Record payment of the employees' wages on Friday, January 4. Note: Enter debits before credits. General Journal Debit Credit Date January 04 Record entry Clear entry View general journal