Requirement Journal Ledger Trial Balance Balance Sheet Statement Equity For transactions a-g, review the unadjusted balance and prepare the adjusting entry necessary t earned or the expense incurred. Each adjustment is posted automatically to the general ledger a "record entry". View transaction list Journal entry worksheet Straight-line depreciation on the office equipment, assuming a 5-year life and a $2,650 salvage value, is $260 per month. Prepare the required adjusting entry, if any. Note: Enter debits before credits Account Title Date Jun 30 Debit Credit Depreciation expense - Office equipment 2,590