Maggy recently started a bakery on $1$ March $2023.$ The bakery, M Cookies & Cakes, makes use of the periodic inventory system and has a financial yearend of $31$ December. M Cookies & Cakes paid wages of R$1000$ for December at the end of the financial year. What is the correct entry in the accounting equation?

A$.$ Dr Wages & Cr Bank, Equity $=-1000$ & Assets $=-1000$

B$.$ Dr Bank & Cr Wages, Assets $=+1000$ & Equity $=+1000$

C$.$ Dr Wages & Cr Wages accrued, Equity $=-1000$ & Liabilities $=-1000$

D$.$ Dr Wages & Cr Wages accrued, Equity $=-1000$ & Liabilities $=+1000$