Zoey Bella Corp. has a payroll of $10,000 for a five-day workweek. Its employees are paid each Friday for the five-day workweek. Prepare the adjusting entry on December 31 assuming the year ends on Thursday. 
Definitions:
Bagels
A type of dense, chewy bread in the shape of a ring, traditionally boiled before being baked.
Clean a Bagel Press
The process of removing residue and maintaining hygiene standards in a machine used for shaping and baking bagels.
Production Function
A mathematical model that describes the relationship between inputs (like labor and capital) and the maximum output that can be produced.
Good y
Represents a specific product or service in economic models, often used to analyze consumer behavior or market dynamics.
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