Requirement 1. Caiculate the anount of depreciesion for the month of July using the atrnght-line depredaten method. Begin by selecting the labels, than enter the amounts and compute the amount of depesciation for the month of July, (Abbrevation used, Acc. Depreciation = Accurrulated Depreciafion. Enter a "0" j=1++12months=Straighttinedepreciation+12months= Atequiremem 2. Record the acpusting ontry for depreciation on July 31. tRecord debits first, then credits. Select the explanation on the last Ine of the joumal entry tebie) Requirement 3. Post the purchase of Juy 1 and the desresiation on July 31 to Tracoouns for the fosowing accounts: Computer Equipment Accumulated Depreciation-Conputer Equigment, and De Uve a "Bal" posting reference to show the endirg betance of each account!)