Question: Module 3: Chapter 10 Homework Question 3, EF10-22 (similar to) HW Score: 37.72%, 2.26 of 6 points Points: 0.26 of 1 Save On January 2,

Module 3: Chapter 10 Homework Question 3, EF10-22 (similar to) HW Score: 37.72%, 2.26 of 6 points Points: 0.26 of 1 Save On January 2, 2023, Favorite Clothing Consignments purchased showroom fixtures for $14,000 cash, expecting the teures to remain in service for five years. Favorite has depreciated the fures on a double-declining balance basis, with a residual value. On September 30, 2014 Fave said the fires for $8,000 cash. Recond both depreciation expense for 2004 and sale of the fixtures on September 30, 2024. Recond debits first, then credits Set the explanation on the last Begin by recording the depreciation pense for January 1, 2004 righ September 30, 20024 Dee Accounts and Explanation Sp. 30 Decation Expert Bere recording the sale of the fixtures was calculate any gain or loss on the sale of the dur Makat sale of Les Bock value of Co Lee Actumutad Depreciation 14.000 8.000 Bo Debit Credi 2.520 2520

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