E10-22 (similar to) Jawy 2, 2017 Loved computed 318.000 can be address Begin by connec.2018 2018 Date A 31 (X) E10-22 (similar to) On January 2, 2017 Loved Clothing Consignments purchased showroom fixtures for $15,000 cash expecting the fixtures to re double-declining balance basis with zero residual value. On August 31, 2018, Loved sold the fixtures for $7,300 cash. Record (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Note that 2017 depreciation Debit Credit Begin by recording the depreciation expense for January 1, 2018 through August 31, 2018 Date Accounts and Explanation Aug 31 Depreciation Expense-Fixtures Accumulated Depreciation-Fixtures To record depreciation on fixtures Question Help room factures for $15,000 cash, expecting the fixtures to remain in service for five years. Loved has depreciated the fixtures on a 31. 2018. Loved sold the fixtures for $7,300 cash Record both depreciation expense for 2018 and sale of the fixtures on August 31, 2018 me of the journal entry table. Note that 2017 depreciation was recorded and posted in 2017) ugh August 31, 2018 Debit Credit