VIEW FORES Show Attempt History Current Attempt in Progress Your answer is partially correct Bridgeport Company's weekly payroll, paid on Fridays, totals $7,020. Employees work a 5-day week. Prepare Bridgeport's adjusting entry on Wednesday, December 31, and the journal entry to record the $7,020 cash payment on Friday, January 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation Dec 31 Salaries and Wages Expense Salaries and Wages Payable Jan 2 Salaries and Wages Payable Salaries and Wages Expense Cash Debit 4212 Credit