Dresser Company’s weekly payroll, paid on Fridays, totals $9,470. Employees work a 5-day week. Prepare Dresser’s adjusting entry on Wednesday, December 31, and the journal entry to record the $9,470 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 0 for the amounts.)

First you have to calculate 3 days of wages. So take your $9,470 times 3/5, which will be your adjusting entry amount. Your accounts will be Wages Expense and Wages Payable.

For the actual payment of wages your accounts will be Cash for 5 days of wages, wages Expense for 2 days of wages(Thur and Fri), and Wages Payable for 3 days of wages(Mon - Wed)