On January 2, 2022, Pet Haven purchased fixtures for $33,500 cash, expecting the fixtures to remain in service for five extures for $15,700 cash Record both depreciation expense for 2024 and sale of the fixtures on August 31, 2024. (ASSL able.) Begin by recording the depreciation expense as of Aug 31, 2024 Date Debit Credit Aug. 31 Accounts and Explanation Depreciation Expense-Fixtures Accumulated Depreciation-Fixtures To record depreciation on fixtures Before recording the sale of the fixtures, Ipt's calculate any gain or loss on the sale of the fixtures. (Enter a loss with am Market value of assets received Less Book value of asset disposed of Cost Less. Accumulated Depreciation Gain or (Loss) Now, record the sale of the fixtures on August 31, 2024 Date Accounts and Explanation Debit Credit Aug 31 Cash 2. Pet Haven purchased fixtures for $33,500 cash, expecting the fixtures to remain in service for five years. Pet Haven has depreciated the fixtures cash Record both depreciation expense for 2024 and sale of the fixtures on August 31, 2024. (Assume the modified half-month convention is use the depreciation expense as of Aug 31, 2024 Accounts and Explanation reciation Expense Fixtures umulated Depreciation --Fixtures Debit Credit acord depreciation on fixtures the sale of the fixtures, Ipt's calculate any gain or loss on the sale of the focuros (Enter a loss with a minus sign or parentheses) assets received Je of asset disposed of mulated Depreciation Debit Credit e sale of the fixtures on August 31, 2024 Accounts and Explanation ash