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Payup Corp. pays wages weekly. Payroll for the week - ended 1 / 5 / 2 1 is paid on 1 / 6 / 2

Payup Corp. pays wages weekly. Payroll for the week-ended 1/5/21 is paid on 1/6/21 ni the amount of $14,000. The work week consists of 7days. Payup adjusts its books monthly.a. Prepare the AJE on 12/31/20.b. Record the payment of the wages on 1/6/21.

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