Post-Class Homework Ch9 Question 1 of 8 -1,vdots-= ...
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Accounting
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On July Skysong Exploration invests $ million in a mine that is estimated to have tonnes of ore. The company estimates that the property will be sold for $ when production at the mine has ended. During the last six months of tonnes of ore are mined and sold. Skysong has a December fiscal year end.
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Record the depletion. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry. Round depletable amount per tonne to decimal places, eg and final answers to decimal places, eg
Date Account Titles
Debit
Credit
Dec.
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