On January 1 Border Goods purchased equipment for $30,000. T…

On January 1 Border Goods purchased equipment for $30,000. The equipment is expected to have a 3 year useful life, and no residual value. Complete the table to show the adjusting journal entry that Border Goods should write at December 31.   Do not enter dollar signs. If no adjusting journal entry is needed, enter “blank” in each blank.       Account Title Debit Credit       [BLANK-1] [BLANK-2]       [BLANK-3] [BLANK-4]