Windsor Corporation provides its officers with bonuses based on net income. For $2020,$ the bonuses total $$353,300$ and are paid on February $15,2021.$ Prepare Windsor's December $31,2020,$ adjusting entry and the February $15,2021,$ entry. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Debit

Credit