Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. earth's treasures mining co. adquiri derechos mine

Earth's Treasures Mining Co. adquiri derechos mineros por $105,000,000. El depsito de mineral se estima...

80.2K

Verified Solution

Question

Accounting

Earth's Treasures Mining Co. adquiri derechos mineros por $105,000,000. El depsito de mineral se estima en 60.000.000 de toneladas. Durante el presente ao se extrajeron y vendieron 15.600.000 toneladas.

a. Determine la tasa de agotamiento. Si es necesario, redondee su respuesta a dos decimales. $ por tonelada

b. Determine el monto del gasto por agotamiento para el ao en curso. ps

C. Contabilice el asiento de ajuste el 31 de diciembre para reconocer el gasto por agotamiento.

31 de diciembre

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

You must use limit theory for your answers to this question, results obtained by the algorithms...

Basic Math
Q

If the vascular resistance in blood vessels increases blood pressure why do veins have very little pressure?

Medical Sciences
Q

Calculate the change in pH when 75.0 mL of a 0.620 M solution of NaOH is...

Chemistry
Q

The depth of the water body is 2 meters. (a) There shall be a light source...

Physics
Q

The concept of “market equilibrium” is defined as when the quantity of a commodity demanded is...

Advance Math
Q

The table below shows all possible outcomes when three fair coins are tossed First Second...

Basic Math
Q

Three of the vertices of a square are the points whose coordinates are (2, 3),...

Basic Math
Q

54 8 928 2 5 669 6 Question 17 Five Steel Parts weigh 2 5...

Calculus
Q

12345678910 11 12 Please show your work Crystal Corporation produces a single product....

Accounting
Q

Please answer each section of question and show work. Make-or-Buy, Traditional Analysis follows: incurred....

Accounting
Q

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 39,000 candles for the year....

Accounting
Q

Q)The current 6-month short rate sits at 3% per year. The mean growth rate of...

Finance