A. Devenmine the slepleton rates, Hornd your answer to fwo deatinal giaces. B. Ochoritive the amoint of depiofion expenset for me curbent year whes CHART OF ACCOUNTS Ctacier Mining Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 111. Petty Cash 610 Inlerest Revenue 112 Acoounts Roceivable 620 Gain on Sale of Delivery Truck 114 Interest Receivable 621 Gain on Sple of Equipmont 115 Notes Rocehable 622. Gain on Sale of Mineral Rights 116 Merchandine Invonlory 117 Supplins EXPENSES 119 Prepaid thturance 510 Cont of Merchandine Sold 120 Land 520 Solanios Exponse 123. Delvery Truck 521 Advertising Expente 124 Aooumululed Depreciation Delivery Truck 572 Deprociaton Eupense-Deknry Truck 125 Equipment 623 Delivery Depense 126 Aceumulated Deprocialion Equipment 524 Repairs and Mairtentnce Expense 130 Mineral Rights 529 Seling Expenses: 151 Acoumulated Depletion 531 Rent Expenst 132. Gootwil 532 Depreclajon Expense-Equpment 123 Paleria 533 Depletion Cixpense 54 Amoriation Expense Pakents Lwanumes 635 Inwuranee Expense 210 Aocounts Payala 536 9upplies Expense 211 Salenes Payable 539 Hicelanecus Experise 213 Sales Tex Puyable 710 -nharest Expenct 214 intarest Payabie 720 Lost on 5ale of Delvery Truck 215 Nolos Payable 721 Loss on Sale of Equipment 72 Loas on fale of Mineral Righth EQuiTY 310 Cotrmon Dhock 311 Retained farrings a12 Oividende A. Dethrm tre the deplation rate fourd your a'selpr to two desimal places. fint tan D. Detaminn the atrunt of deqict or eapensa dar the cui art you: Glacier Mining Co. mequired mineral nghts lor 3148,352,000. The mineral deposit is ostimated at 390,400,000 tens, During the cutrent year, 49,868,000 fons were mined and sold. A. Determine the depletion rate. Aound your anwor to heo decmal placen. A. Determine the amount of dopletion expense for the curent year C. doumalia the adieating enty an Oecember 31 to recognize the dopletion expente. Aeler to the Chatt of Aceounts for exact avording of accourt titles A. Delermine the depletion rabe. Round your answor to two decimal places pertan 8. Determine the amount of deplebion expense for the current year. C. Joumalie the adpusting ontly on December 3t to noognize the doplofon expense. Alelor to the Chavt of Accounts for exact wording of aceount tillos