Transaction e. Depreciation of office equipment for July, 2020 is $3,500.The correct adjusting entry is: A: Dr. Depreciation expense 3,500 Cr. Office equipment 3,500 B: Dr. Accumulated depreciaiton 3,500 Cr. Office equipment 3,500 C: Dr. Depreciation expense 3,500 Cr. Accumulated depreciation 3,500