The estimated amount of depreciation on office equipment for the current year is $3,500. The correct adjusting entry to record this depreciation is Oa. debit Office Equipment, $3,500; credit Depreciation Expense, $3,500 b. debit Depreciation Expense, $3,500; credit Accumulated Depreciation-Office Equipment, $3,500 Oc. debit Accumulated Depreciation-Office Equipment, $3,500; credit Office Equipment, $3,500 1 Od. debit Depreciation Expense, $3,500, credit Office Equipment, $3,500