BUSI 1A Sec 8342 Sum 20 Financial Act. Save Homework: Chapter 9&11 homework Score: 0 of 1 pt 4 of 13 (6 complete) HW Score: 38.46%, 5 of 13 pts E9-23 (similar to) Question Help On January 2, 2016, Pet Oasis purchased fixtures for $38,000 cash, expecting the fixtures to remain in service for five years. Pot Oasis has depreciate the fixtures on a straight-line basis, with $2,000 residual value. On April 30, 2018, Pet Oasis sold the fixtures for $19,700 cash. Record both depreciation expense for 2018 and sale of the fixtures on April 30, 2018. (Assume the modified half-month convention is used. Record debits first, then credits. Select the explanation on the last line of the journal entry table) Debit Credit Begin by recording the depreciation expense as of Apr 30, 2018 Date Accounts and Explanation Apr 30 Depreciation Expense-Fixtures Accumulated Depreciation-Fadures Library ources To record depreciation on foxtures cudy cation Tool Choose from any list or enter any number in the input fields and then click Check