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Posted on Jul 30, 2024

Adriling facilty acquired driling rights for $ 1 6 8 0 0 0 0 0 0 on March 1 . 2 0 2 3 and

Adriling facilty acquired driling rights for $

168000000

on March

1.2023

and the cil extraction is estimated at

42, 000, 000

tons What is the amount of the agjusting entry on December

31 . 2023

aswming

3, 900, 000

tons were eatractidd and vold daring the year?

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