(Chapter 79 & 12 13) Help Save & Exit Determine the account and amount to be debited and the account and amount to be credited for the following adjustment Equipment purchased for $64.000 on January 3, 2019, has an estimated life of 6 years and an estimated salvage value of 55,700. The firm uses the straight-line method of depreciation. Determine the adjustment for the month ended January 31, 2019. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record adjusting entry for depreciation. Note: Enter debits before credits General Journal Debit Credit Date Jan 31, 2019