Cordy's Corporation has seven employees. Each eams $800 per week for a five-day work week ending on Friday. This month, the last day of the month falls on a Thursday. The company should make an adjusting entry: Debliting Wage Expense for $4,480 and credliting Wages Payable for $4,480. Debling Wage Expense for $640 and credl'ng Wages Payable for $640. Credliting Wage Expense for $4,480 and debling Wages Payable for $4,480. Credlting Wage Expense for $640 and deblting Wages Payable for $640