Brief Exercise 3-4 At the end of its first year, the trial balance of Bronowski Company shows Equipment $30,900 and zero balances in Accumulated Depreciation- Equipment and Depreciation Expense. Depreciation for the year is estimated to be $4,600. Prepare the adjusting entry for depreciation at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 1 Post the adjustments to T-accounts Depreciation Expense Accumulated Depreciation Equipment December 31 Indicate the balance sheet presentation of the equipment at December 31. Bronowski Company Balance Sheet (Partial) Click If you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT