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The Wings Company's fiscal year ends on December 31st. At the end of December, 2022, the Wings find that company employees have worked but not

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The Wings Company's fiscal year ends on December 31st. At the end of December, 2022, the Wings find that company employees have worked but not yet been paid. The employees will be paid on the next payday which is January 6,2023 . At the end of December, 2022, the employees have earned $12,500 that they will receive in their January 6,2023 paycheck. There are 3 requirements: 1) Provide the adjusting entry necessary for Wings Company at December 31 for the wages the employees have earned but will not receive until January 6 th. W provide the cllect on the fomsial statements if the aGuatig ensry a not medeffougoten Vae (0) fur Overuates, IU) for undersates, er NE tor no eftect Assts e Liatinies Contributed Capial Netained farings Aeventiei = Eipenses Net incoine

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