the company has 15 employees, who earn a total of $1,960 in salaries each working day. they are paid each monday for their work in the five-day workweek ending on the previous friday. assume that december 31,2019, is a tuesday, and all 15 employees worked the first two days of that week. because new year's day is a paid holiday, they will be paid salaries for five full days on monday, january 6, 2020.

prepare journal entries to record subsequent cash transaction in 2020.