Queenan Company computes depreciation on delivery equipment at $1,000 for the month of June. The adjusting entry to record this depreciation is as follows:

(a) Depreciation Expense 1,000 Accumulated Depreciation—

Queenan Company 1,000

(b) Depreciation Expense 1,000 Equipment 1,000

(c) Depreciation Expense 1,000 Accumulated Depreciation—

Equipment 1,000

(d) Equipment Expense 1,000 Accumulated Depreciation—

Equipment 1,000 AppendixLO1