AllOUl Register Now ent FULL SCREEN PRINTER VERSaoN Brief Exercise 4-5 (Part Level Submission) At the end of its first Company showsEquipments22,700 and zero balances in Accumulated Depreciation-Eaupment and Depreciaton Expense. Depreciation for the year is estimated to be v (a) E Your answer is correct. Prepare the adjusting entry for depreciation at December 31. (urno entry is reguired, select "No Entry" for the account titles and entero for the amounts. Credir account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Depreciation Expense 1 of 2 used v (b) in the prevlous part.) Post the adjustments to T-accounts. (Post entries in the order of ournal entries presented