Question 5 of 10 Rhodes National purchased software on October 1, 2022 for $14,400. The company expects to use the software for 3 years. It has no salvage value. What adjusting journal entry should the company make at the end of each month if monthly financials are prepared? (annual depreciation is $4,800) (Credit account titles 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 O for the amounts.) Account Titles and Explanation Depreciation Expense Accumulated Depreciation 0.75 / 1 Debit Credit