Question: Current Attempt in Progress At the end of its first year, the trial balance of Blue Spruce Company shows Equipment of $ 3 6 ,

Current Attempt in Progress
At the end of its first year, the trial balance of Blue Spruce Company shows Equipment of $36,000 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be $4,500.
Prepare the adjusting entry for depreciation at December 31.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)
Date Account Titles and Explanation
Debit
Credit
Dec. 31
Post the adjustments to T accounts.
Accumulated Depreciation-Equipment
Depreciation Expense
Current Attempt in Progress At the end of its first year,

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