journal entry to record $2,750 of depreciation expense for the year would be to: debit Accumulated Depreciation, $2,750; credit Depreciation Expense, $2,750. debit Depreciation Expense, $2,750 credit Accumulated Depreciation, $2,750. debit Depreciation Expense, $2,750; credit Equipment, $2,750. debit Accumulated Depreciation, $2,750; credit Equipment, $2,750