i/assessment-player/index.html?launchid=da&02d05-16d7-4751-8585-518cb6863b2ef/question/6 Question 7 of 7 View Policies Current Attempt in Progress Swifty Inc. was the following long-lived assets: Asset Date Purchased Cost Vehicles Jan. 1. 2020 $24,660 Equipment July 1, 2021 14.300 Estimated Useful Life 3 years 5 years Prepare depreciation adjusting entries for each asset for the year ended December 31, 2021, assuming the company uses straight line depreciation and adjusts its accounts annually. (List il debit entries before credit entries. Credit account sites are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Record journal entries in the order presented in the problem Dale Account Titles and Explanation Dec 31 Debit Credit Textbook and Media List of Account