District office expenses were $48,000 for July 2018. The district office supervised the following leases: a. Record
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District office expenses were $48,000 for July 2018. The district office supervised the following leases:
a. Record lease operating expense, assuming allocation based on the number of wells.
b. Record lease operating expense, assuming allocation based on the barrels of oil produced.
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Related Book For
Fundamentals Of Oil And Gas Accounting
ISBN: 9781593701376
5th Edition
Authors: Charlotte J. Wright, Rebecca A. Gallun
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