On January $2,2021,$ Vincent Furniture purchased display shelving for $$8,000$ cash, expecting the shelving to remain in service for five years. Vincent depreciated the shelving on a double$-$declining$-$balance basis, with $$1,300$ estimated residual value. On October $31,2022,$ the company sold the shelving for $$2,600$ cash.

Read the requirement.

Start by recording depreciation expense on the shelving for $2022.($Record debits first, then credits. Exclude explanations from any journal entries.$)$

Journal Entry

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Oct $31],[,,,],[,.,,],[,,,]]$