Zoey Bella Company 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:
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time.
Fed Attention
The focus or monitoring by the Federal Reserve, the U.S. central bank, on various economic indicators and conditions to make monetary policy decisions.
Rational Expectations
A theory in economics that suggests individuals make predictions about the future based on all available information, incorporating their understanding of economic policies and trends.
Monetary Policy
Actions of a central bank, currency board, or other regulatory committees that determine the size and rate of growth of the money supply, which in turn affects interest rates.
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