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BB Petroleum holde huge serves of Assume that at the end of 2016. Petron's cost of oil rotorvos totaled 30.000.000.000, representing 6.000.000,000 barrels of Requirements

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BB Petroleum holde huge serves of Assume that at the end of 2016. Petron's cost of oil rotorvos totaled 30.000.000.000, representing 6.000.000,000 barrels of Requirements 1. Which method does Bli Petroleum to computeepletion 2. Suppo B Proleum removed and sold 600.000.000 barrels of oil during 2017 Jouma za depletion expense for 2017 Requirement 1. Which method does 18 Petroleum use to compute depletion? is the method used to compute depletion Requirement 2. Suppose BB Petroleum romoved and sold 600,000,000 barrel fol during 2017. Journal depiction expense for 2017. Assume no rosid valueRecord debit first, the credite Select explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit

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