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Homework: Chapter F:9 Homework Save Score: 0 of 2 pts 7 of 10 (10 complete) HW Score: 78.64% 15.73 of 20 pts X EF9-22 (similar

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Homework: Chapter F:9 Homework Save Score: 0 of 2 pts 7 of 10 (10 complete) HW Score: 78.64% 15.73 of 20 pts X EF9-22 (similar to) Question Help On January 2, 2023. Again Clothing Consignments purchased showroom fixtures for $18,000 cash, expecting the fixtures to remain in service for five years Again has depreciated the futures on a double declining balance basis with zero residual value. On August 31, 2024. Again sold the fixtures for $8.200 cash Record both depreciation expense for 2024 and sale of the fixtures on August 31, 2024 (Record debito fort, then credits Select the explanation on the front line of the journal entry table. Note that 2093 depreciation was recorded and posted in 2023) Debit Credit Begin by recording the depreciation expense for January 1, 2024 through August 31, 2024 Date Accounts and Explanation Aug 31 Depreciation Expense-fixtures Accumulated Depreciation Fixtures To record depreciation on fixtures

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