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Recording partial - year depreciation and sale of an asset On January 2 , 2 0 2 4 , Quality Clothing Consignments purchased showroom fixtures

Recording partial-year depreciation and sale of an asset On January 2,2024, Quality Clothing Consignments purchased showroom fixtures for $11,000 cash, expecting the fixtures to remain in ser
Clothing Consignments has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On October 31,2025, Quality Clothing Consignments sold the fixtures for $6,200 cash. Record both depreciation expense for 2025 and sale of the fixtures on depreciation balance 2200

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