QUESTION 24 Entity D purchased equipment at a cost of $560,000 in January 2023 As of January 1, 2027 depreciation of S250,000 had been recorded on this equipment Depreciation expense for 2027 is $57 000. After the adjustments are recorded and posted on December 31, 2027 what are the balances for the Equipment and Accumulated Depreciation accounts? Equipment Accumulated Depeciation O $503,000 $ 0 3560,000 $ 307,000 $500,000 $ -0 S560,000 $ 250,000 QUESTION 25 Which of the following are increased by debits? expenses and losses common stock revenues and gains abilities