On January 2, 2023. Thrifty Clothing Consignments purchased showroom fixtures for $11,000 cash, expecting the fixtures to remain in service for five years. Thrifty has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On October 31,2024 , Thrifty sold the fixtures for $5,500 cash. Record both depreciation expense for 2024 and sale of the fixtures 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.) On January 2, 2023, Thritty Clothing Consignments purchased showroom fixtures for $11,000 cash, expecting the fuxtures to remain in service for five years. Thritty has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On October 31, 2024, Thrifty sold the fixtures for $5,500 cash. Record both depreciation expense for 2024 and sale of the fixtures on October 31, 2024. (Record debits first, then credits. Select the explanation on the last line of the joumal 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. iption will ex ind? Turn on aut p-renew Your FREE Da