Begin by recording the depreciation expense as of May $31,2024$

Before recording the sale of the fixtures, let's calculate any gain or loss on the sale of the fixtures $($Enter a loss with a minus sign or parentheses$)$

Market value of assets received

Less. Book value of asset disposed of

Cost

Less: Accumulated Depreciation

Gain or $($Loss$)$

Now, record the sale of the fixtures on May $31,2024$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$May $31],[,,,],[,,,],[,,,],[,,,]]$