B. Prepare the adjusting journal entries needed as a result of preparing the bank reconciliation. 15. (12 points) Wash Company purchased a machine on January 1, 20A that cost $25,000. The company signed a $25,000 note payable that specified five equal annual payments (at each year-end), each of which includes a payment on the principal and interest on the unpaid balance at 6% per annum. The machine will have a five year life. The residual value of the truck was $5,000. A Compute the amount of each equal payment. S B.Give the entry to record the purchase of the machine. C. Give the entry to record the first annual payment on the note D. Give the entry to record the depreciation on December 31, 20A if the company used double-declining balance depreciation E. Give the entry to record the depreciation on December 31, 20C if the company used straight-line depreciation. F Give the entry to record the depreciation on December 31, 20E if the company used sum of the years' digits depreciation