Chapter 4 EOC Graded Assignment Question 2 of 7 Current Attempt in Progress -/1 E At the end of its first year, a tabular summary of transactions for Larkspur, Inc. before adjustments include the following selected account information. Assets Liabilities Stockholders' Equity Acc Equipment Depr.-Equip. Com. Exp. Stock Rev. (Depr.) Div. Bal. 19,800 Depreciation for the year is estimated to be $2.475. Record the adjustment for depreciation in the tabular summary and indicate the adjusted balance in each account. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Equipment Accum. Depr.-Equip. Bal. 19.800 Dec. 31 Adj. Bal eTextbook and Media Save for Later Liabilities Com. Stock Attempts: 0 of 3 used Submit