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At the end of its frat year, the trial balance of Blossom Company shows Equipment $30,000 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense:

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At the end of its frat year, the trial balance of Blossom Company shows Equipment $30,000 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense: Depreciation for the year is estimated to be $3,600. Prepare the annual adjusting entry for depreciation at December 31. ftist all debit entries before credit entries. Credit occount titles are outomatically indented when the amount is entered. Do not indent manually) Post the adjustments to T-accounts. Indicate the balance sheet presentation of the equigment at December 31

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