Michael's Soda Shoppe has depreciation expense of $1,250.00 at the end of the fiscal year. What is the entry to journalize the depreciation expense? Michael's Soda Shoppe has depreciation expense of $1,250.00 at the end of the fiscal year. What is the entry to journalize the depreciation expense? Debit Accumulated Depreciation $1,250; credit Depreciation Expense $1,250 Debit Depreciation Expense $1,250; credit Equipment $1,250 Debit Depreciation Expense $1,250; credit Accumulated Depreciation $1,250