Rising Stars Gymnastics pays its hourly employees every Saturday. The weekly payroll for hourly employees is $5,000

Question:

Rising Stars Gymnastics pays its hourly employees every Saturday. The weekly payroll for hourly employees is $5,000 and the employees’ hours are spread evenly from Monday through Saturday. During the current year December 31 falls on a Wednesday.

Required:
Given this information, determine the adjusting journal entry that Rising Stars must make on December 31.