$2.$Equipment was purchased by A$1$ Manufacturing on January $1,2025,$ for $$125,000.$ A$1\text{'}$s policy

is to adjust its accounts at year$-$end. Which is the appropriate adjusting journal entry to record

depreciation at year$-$end if the company expects to use the equipment for five years with no

salvage value?

a$.$ Depreciation Expense

Accumulated Depreciation $-$ Equipment

b$.$ Accumulated Depreciation $-$ Equipment

Depreciation Expense

c$.$ Depreciation Expense

Equipment

d$.$ Accumulated Depreciation $-$ Equipment

Equipment

$25,000$

$25,000$

$25,000$

$25,000$

$25,000$

$25,000$

$25,000$

$25,000$