Journalize the adjusting entry needed at December 31 for each situation. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Use account names exactly as given in the Chart Accounts. Completed services that were paid for six months earlier, $1,600. Date Accounts and Explanation Debit Credit Depreciation for the current year includes Equipment, $900. Date Accounts and Explanation Debit Credit Customers were billed for $4,800 for work completed. Date Accounts and Explanation Debit Credit Journalize the adjusting entry needed at December 31 for each situation. Record debits first, then credits. Check your spelling carefully and do not abbreviate. Use account names exactly as given in the Chart Accounts. Completed services that were paid for six months earlier, $1,600. Date Accounts and Explanation Debit Credit Depreciation for the current year includes Equipment, $900. Date Accounts and Explanation Debit Credit Customers were billed for $4,800 for work completed. Date Accounts and Explanation Debit Credit