E10-23 (similar to) EQuestion Help on Janary 2. 2016, Pet Retreat purchased ttres sor s32.300 cash expectng the ttures to reman service tr seven years Pet Retreat has deprecated te txtures on a saage ine basis, wm s5 000 resdal vaue on Ady ). 2016 Pet Retneat sold the fotures for $21.225 cash Record both depreciation expense for 2018 and sale of the fahures on July 31 2018 (Assume ne moditied hatt-month conventon is used Recond debits trst then creats Select the expanation on the last ine of the joumal entry tabe Degin by recording the depreciation expense as of Ju 312018 Accounts and Explanation A" 31 Choose from any list or enter any number in the input fields and then click Check Answer Clear A remaning