Chapter 4 study assignment i Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question At December 31, the unadjusted trial balance of H&R Tacks reports Equipment of $28,500 and zero balances in Accumulated Depreciation and Depreciation Expense. Depreciation for the period is estimated to be $5,700. 1.5 Required: points 1. Prepare the adjusting journal entry on December 31. 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance * Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Depreciation Expense Accumulated Depreciation-Equipment Beg. Bal. 0 AJE 0 End. Bal. O Beg. Bal. AJE 0 End. Bal. Required 1 Required 2