Total wages per week are $6,700. You need to accrue $4,000 of wages at period end. The adjusting entry would include which of the following?
◦ Debit Wages Expense, $4,000; credit Accrued Wages, $4,000
◦ Debit Wages Expense, $4,700; credit Accrued Wages, $4,700
◦ Credit Wages Expense, $4,000; debit Accrued Wages, $4,000
◦ Debit Wages Expense, $4,700; credit Cash, $4,700