Within which of the following columns of the worksheet would no balance be displayed for the Merchandise Inventory account? Multiple Choice Trial Balance Debit column Adjustments Debit column Adjusted Trial Balance Debit column Income Statement Debit column 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. On May 1, 20x1, a firm paid $3,000 in advance for one year of office rent. The rent expense incurred during the year as of December 31, 20X1 is: Multiple Choice $250. O O $1,000 $2,000 $3,000