Determine the account and amount to be debited and the account and amount to be credited for the following adjustment. Equipment purchased for $66,000 on January 3, 2019, has an estimated life of 5 years and an estimated salvage value of $5,900.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 Debit General Journal Date DODIt Credit Jan 31, 2019 View general journal Record entry Clear entry