%E9-22 (similar to) Question Help On January 2, 2017. Once Again Clothing Consignments purchased showroom fixtures for $16,000 cash, expecting the foxtures to remain in service for five years. Once Again has depreciated the foxtures on a double-declining balance basis, with zero residual value. On August 31, 2018, Once Again sold the foxtures for $8,200 cash. Record both depreciation expense for 2018 and sale of the fixtures on August 31, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Note that 2017 depreciation was recorded and posted in 2017.) Begin by recording the depreciation expense for January 1, 2018 through August 31, 2018 Date Accounts and Explanation Credit Aug. 31