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At the end of its first year, trial balance of Bronowski Company shows Equiptment $30,000 and zero balance in accumulated depreciation-Equipment and Depreciation Expense. Depreciation

At the end of its first year, trial balance of Bronowski Company shows Equiptment $30,000 and zero balance in accumulated depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be $4,000. Prepare the adjustment entry for depreciation at December 31, post the adjustments to T-accounts, and indicate the balance sheet presentation of the equipment at December 31

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