Pablo Management has two employees, each of whom earns $150 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the two employees worked Monday, December 31, and Wednesday through Friday. January 2, 3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the year-end adjusting entry for wages expense and record payment of the employees' wages on Friday, January 4. View transaction list 48 1 Record the year-end adjusting entry for wages expense. 2 Record payment of the employees' wages on Friday, January 4. journal entry has been entered Note: Record entry x Credit Clear entry View general journal The ledger of Mai Company includes the following accounts with normal balances as of December 31: Retained Earnings $10,100; Dividends $1,350; Services Revenue $24,000; Wages Expense $13,900; and Rent Expense $3,800. Prepare its December 31 closing entries. View transaction list 1 Record the entry to close revenue accounts. 2 Record the entry to close expense accounts. 3 Record the entry to close the income summary account. 4 Record the entry to close the dividends account. journal entry has been entered Note: Record entry Credit Clear entry View general journal