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2016, sis purchased tures for 10.000 cash, expecting the free to remain in service for nine years, Pesis has depreciated the futures on a right-in

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2016, sis purchased tures for 10.000 cash, expecting the free to remain in service for nine years, Pesis has depreciated the futures on a right-in bawih.000 residualus. On April, 2014 Pet Oasis sold the futures for $40,000 h. Record both depreciation expense for 2018 and sale of the foreson Ari, 2018. Asume the modified fall morth convention is used Record debits first, the credits Select the the line of the journal entry table) Begin by recording the depreciation expenses of Apr 30, 2018 Date Accounts and Explanation Debit Credit Apr Before recording the sale of the fores, escalate any gainerion hea of the flow with a missioners) Market value of assets received Less Book value of of Cost Loss: Accumulated Depreciation Gain or Los Now, record the sale of the factures on Apr 2018 Date Accounts and Explanation Deba Cr Apr 30 Choose from any sorterary number in the routes and the continue to the next Gestion

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