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Post the adjustments to T-accounts. (Post entries in the order of journal entries presented in the previous part:) eTextbook and Media List of Accounts Indicate

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Post the adjustments to T-accounts. (Post entries in the order of journal entries presented in the previous part:) eTextbook and Media List of Accounts Indicate the balance sheet presentation of the equipment at Detember 31. At the end of its first year, the trial balance of Sheridan Company shows Equipment $18040 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be \$2,255. Prepare the snnual adjustirg entry for depreciation at December 31. KCredit account titles are automatically indented when the amount is entered. Do not indent manually

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