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On January 2, 2022, Pet Sulon purchased fixures for 522,200 canh, erpecting the fatures to remain in servion for sx ywars. Pet Salan has depreciated
On January 2, 2022, Pet Sulon purchased fixures for 522,200 canh, erpecting the fatures to remain in servion for sx ywars. Pet Salan has depreciated the firures on a staigh Alne basix. with $6,000 residuil value. On June 30, 2024, Pet Salon sold the fixures for 510,950 cash. Record both depreciation axpense lor 2024 and sale of the fidures on dune 30, 2024. SAssime the modifed half-month convenion is used. Rocord dobls fint, thon credis. Seled the explanation an the last line of the joumal enty lable.)
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