Question 3 of 10 -710 E At the end of its first year, the trial balance of Pharoah Company shows Equipment $22,800 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,000. (a 1) Prepare the annual adjusting entry for depreciation at December 31. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 eTextbook and Media List of Accounts Attempts:0 of 2 used Submit Answer Savefor Later (a2) in order This part will bevailable when comitathematkowe