15 ponse Winnie Wonder Company has the following balances in Accumulated Depreciation-Equipment Accounts Receivable Salaries and Wages Payable Equipment Interest Payable $ 0 25.000 0 20,000 0 Unearned Service Revenue 80,000 Supplies 6,000 Prepaid Insurance 12,000 Notes Payable 100,000 The information below was gathered on December 31, 20 The equipment was purchased on July 1, 2020. The Instructions: Prepare the adjusting entry for the item des Date December 31 Account Title Moving to another question will save this response Oxentor 13 Wine Wonde Compory the following halances in select accounts on December 31, 2020 All accounts have normal balances, 21000 20,000 0 30.000 6000 12,000 100 The slation below was gathered on December 31, 2020 As of December 31, 2020, no adjustments have been made for the year. The was purchased on July 1, 2020. The equipment has a 5-year life with no salvage value. The equipment depreciates $4,000 a year. betstions Prepare the afating entry for the item described above. Winnie Wonder prepares adjustments annually Date Account Title Agar question will save this response Debit Credit