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On January 2 2023 Loved Clothing Consignments purchased showroom fortures for $16.000 cash, expecting the foures to remain in service for five years. Loved has depreciated the futures on a double declining balance basis, with zero residual value. On October 31, 2024 Loved sold the fortures for $6,500 cash. Record both depreciation expers for 2024 and sale of the futures on October 31, 2024. (Record debits first, then credits Select the explanation on the last line of the journal entry table. Note that 2023 depreciation was recorded and posted in 2023) arked Begin by recording the depreciation expense for January 1, 2024 through October 31, 2024 Scot Date Accounts and Explanation Debit Credit Od: 31 -F9-1851 K Contoenter any use inputted and then click Check Answer Das CE Check Answ O LG 912 Bad Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture! On January 2 2023. Loved Clothing Consignments purchased showroom fixtures for $16,000 cash, expecting the fures to remain in service for five years. Loved has depreciated the foures on a double declining balance basis with zero residual value On October 31, 2024. Loved sold the fixtures for $6,500 cash Record both depreciation expense for 2024 and sale of the fourts on October 31, 2024. (Record debts first, then credits Select the explanation on the last line of the journal entry table. Note that 2023 depreciation was recorded and posted in 2023) . Begin by recording the depreciation expense for January 1, 2024 through October 31, 2024 Date Accounts and Explanation Od 31 Debit Credit 2.24 925 Choose from one any number in the inputs and then click Check Answer 2 Check Answer LG 712 511 310 tro FS Badea ind 0