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Blue Mountain Mining paid $192.300 for the night to extract mineral assets from a 250 000 ton epost. In addition to the purchase pou pada

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Blue Mountain Mining paid $192.300 for the night to extract mineral assets from a 250 000 ton epost. In addition to the purchase pou pada 700 singles, a $2.000 toe to the state of Nevada and $80,000 for a geological survey of the property Because Blue purchased the rights to the mers only and did not purchase the ind it expect those to have 20 dala Dung the tost year. Bu comoved and sold 20.000 tons of the minerals. Make ournal entries to record a) purchase of the minerale debat Mineral) payment of free and other counts and depletion or the near Reconsist then credits. Select the explanation on the last line of the journalty table) Begin by oumalizing tay the purchase of the minerals (debt Minerals) (Do not record payment for any additional cos occated with a wote herty) Date Accounts and Explanation Debit Credit

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