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Assessing Financial Statement Effects of Adjustments Across Two Periods

Oakmont Compary doses its accounts on December $31$ each year. The compary works a five day work week and pays its employecs every two weeks. On December $31,$ Oakmont accrued s$4\mathrm{.}700$ of salaries payable. On january $9$ of the following year, the company posid salaries of $$15,000$ cash to employees. Prepare entries using the financial statement effects template to $($a$)$ accrue the salaries payable on December $31,$ and $($b$)$ record the salary payment nine days bater on January $9.$

Note: For each account category, indicate the appropriate accoumt name. Enter $"$N$/$A$"$ for ary account category that is not used for a given transaction.

Note: Indicate a decrease in an account category by including a negative sign with the amount.