1. Fulton Design pays employees on Friday of each five-day work week. October 31 falls on a Tuesday, and thus at the end of that day there are two days' wages that have been earned by employees but are unpaid. The amount of the accrued wages as of the last day of the month is $1,760.
Journalize the adjusting entry for the $1,760 of accrued wages as of October 31, 2014.
2. Journalize the payment of $4,400 wages on November 3, 2014. If an amount box does not require an entry, leave it blank.