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5 of 8 (4 complete) HW Score: 50%, 4 of 8 pt Score: 0 of 1 pt E9-22 (similar to) Question Help On January 2, 2017, Family Clothing Consignments purchased showroom foctures for $16,000 cash, expecting the fixtures to remain in service for five years. Family has depreciated the fixtures on a double-declining balance basis, with zero residual value. On August 31, 2018, Family sold the fictures for $8.200 cash. Record both depreciation expense for 2018 and sale of the fixtures on August 31, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Note that 2017 depreciation was recorded and posted in 2017) Begin by recording the depreciation expense for January 1, 2018 through August 31, 2018 Date Accounts and Explanation Aug. 31 Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer parts 2 remaining Clear All Check