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Pablo Management has eight part-time employees, each of whom earns $175 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the eight 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. View transaction list Journal entry worksheet 1 2 > Record adjusting entry on Monday, December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31