An annotated bibliography is a works cited list, but each citation for your sources is followed by a paragraph of explanation and justification: why is this source one of your sources? What does it bring to your research?
You will summarize the relevant information you're getting from that source (but remember, this isn't your paper -- you are summarizing, not presenting all the information itself) as well as how this well help you in your research (by providing background information, by exploring a certain angle, by presenting a contrary idea...).
Creating an annotated bibliography is not simply an academic exercise. An annotated bibliography is a tool to help you summarize your source content and evaluate its place within your research. If a source satisfies your "usefulness" criteria, that source belongs on your annotated bibliography. This process begins the transition from reading sources to incorporating content (ideas, quotes, paraphrasing) into your work. It is time to "make sense" of the knowledge you have gained from your research. This knowledge is the foundation on which to build your own voice, explain your methodology, discuss your conclusions, make and report on your new knowledge.
Of course, evaluation of sources goes beyond "usefulness" to the other elements of authority, credibility, currency, and purpose.
Massaro, John. "Press Box Propaganda? The Cold War and Sports Illustrated, 1956." Journal of American Culture, vol. 26, no. 3, 2003, pp. 361-70. Academic Search Complete, search.ebscohost.com/login.aspx?direct=true&AuthType=ip,cpid&custid=s1088435&db=a9h&AN=10351835&site=ehost-live.
Paris, Václav. "On Surrealism and the Art of Crime: Considered as One of the Fine Starts." Journal of Modern Literature, vol. 33, no. 4, 2010, pp. 190-97. JSTOR, jstor.org/stable/10.2979/jml.2010.33.4.190.
Scott, Cord. "Written In Red, White, and Blue: A Comparison of Comic Book Propaganda From World War II and September 11." Journal of Popular Culture, vol. 40, no. 2, 2007, pp. 325-343. Psychology and Behavioral Sciences Collection. doi: 10.1111/j.1540-5931.2007.00381.x.
Every time you refer to information that is not your original conclusion and is not common knowledge, you must give credit to where that information comes from. You will typically note in parentheses the author's/authors' names and relevant page number. This allows you to give credit without wasting excessive page space or disrupting the flow of the paper.
The images below use MLA style, but APA functions the same way in this regard; it's just that APA in-text citations would also include a publication year.
If an article doesn't have an author, your Works Cited citation will start with the article title, and your in-text citation will reflect that. It's all about making it easy for your reader to make a one-to-one connection by just skimming down the left edge of the Works Cited page.