Question
ABC mining company acquired mineral right for 500,000,000. The mineral deposit is estimated at 300,000,000 tons. During the current year 35,500,000 tons were minded and
ABC mining company acquired mineral right for 500,000,000. The mineral deposit is estimated at 300,000,000 tons. During the current year 35,500,000 tons were minded and sold.
a. Determine the depletion rate
b. Determine the amount of depletion
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CIA Part 1 Essentials Of Internal Auditing Certified Internal Auditor 2019
Authors: Muhammad Zain
1st Edition
1091949182, 978-1091949188
