Learning: The Adjusting Process QUESTION ANSWER Date Credit A piece of equipment purchased cost $10,000 and has depreciation expense of $2,000 for this year. Debit 2,000 Accounts Depreciation Expense - Equipment Accumulated Depreciation - Equipment 2,000 What is the journal entry to record the depreciation expense for the year? Date Credit Accounts Debit Accumulated Depreciation - Equipment 10,000 Depreciation Expense - Equipment 10,000 Date Credit Debit 10,000 Accounts Depreciation Expense - Equipment Accumulated Depreciation - Equipment 10,000 Date Accounts Debit Credit Accumulated Depreciation - Equipment 2,000 Depreciation Expense - Equipment 2,000 I DON'T KNOW YET submit