STROS Question 15 Winnie Wonder Company has the following balances in Accumulated Depreciation Equipment Accounts Receivable Salaries and Wages Payable Equipment Interest Payable Unearned Service Revenue Supplies Prepaid Insurance Notes Payable $ 0 25,000 0 20,000 o 80,000 6,000 12.000 100.000 The information below was gathered on December 31, 20 The equipment was purchased on July 1, 2020. The Instructions: Prepare the adjusting entry for the item des Account Title Date December 31 Moving to another question will save this response halonces el cos December 31, 2020. All accounts lave normal balances 2000 100 The und December 31, 2020. As of December 31, 2020, no adjustments have been made for the year. The purchased on July 1, 2020. The squigament has a 5-year life with no salvage value. The equipment depreciates $4,000 a year. bihure te futing my for the item described above. Winnie Wonder prepares adjustments annually bale Antti Debit Credit Awwissponse