The adjusting entry to record depreciation expense for a recently purchased piece of equipment would include a: Multiple Choice debit to the Depreciation Expense - Equipment account and a credit to the Allowance for Doubtful Accounts account debit to the Accumulated Depreciation - Equipment account and a credit to the Depreciation Expense - Equipment account debit to the Depreciation Expense - Equipment account and a credit to the Accumulated Depreciation - Equipment account debit to the Allowance for Doubtful Accounts account and a credit to the Depreciation Expense - Equipment account