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Green Energy Company's balance sheet includes the stron Oregis Green Energy paid $30 million cash for the right to workamine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and 579,000 to prepare the surface for mining Green Energy also signed a $38.200 note payable to a landscaping company to return the land surface to original conditionate the rights to work, the mine end. During the first year, Green Energy removed 35.500 tons of ore, of which to 20.000 tors on account for a person Operating expenses for the first year old 5258.000, paid in cash. In addition, the company accrued income tax at the tax of 40% Read themes Cuan Energy 8:34,200 nata payable to a landscaping company to return the land n ate a Joumal Entry Date Accounts Crede During the first year. Green Energy removed 38.500 tons of ore Record the entry for deletion Journal Entry Dute Account Du Credit Choose from bryst or enter your ne routes and then continue to the next question Green Energy Company's balance sheet includes the stores Green Energy pad 53.0 million cash for the one to workamine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and 579,000 to prepare the surface forming Green Energy also signed a $38.200 note payable to a landscaping company to run the land surfaces original condition her the rights to work the mine end. During the first year, Green Energy removed 35.500 tons of oreof which sa 20.000 tons on account for person Operating expenses for the first year old 25.000, a paid in cash. In addition, the company accrued income tax at the tax of 40% Read theme Green Energy sold 28.000 tons of ore on account for a person. Begin by recording the sale. Do not yet recorde coaf goods soldado sa We wil Goeing journal entry) Jounal Entry Accounts Credit Now record the cost of Journal Entry Account Det Cred Choose from any ist or enter any number in the input fields and the continue to the next Question Green Energy Company's balance sheet includes the stron Ore Rights Green Energy paid $3.0 milion Cash for the night to work a mine that contained an estimated 240.000 tons of ore. The company paid $70.000 remove unwanted building from the land and $7.000 to prepare the surface for mining. Geen Energy stigned $1.200 ole payable to decaping company to return the land utach to in original condition for the right to work the nine end. During the first your, Green Energy removed 35,500 tons of ore, of which it sold 28,000 tons onscount for $19 perton. Operating expenses for the first year tosled $250,000, al paid in Cash In addition, the company served income to the tax role of 40% Read the gues. Operating expenses for the year 258,000, wi paid in cash. Journal Entry Accounts Credit The company red income tax at the taste of 40% Journal Entry Accounts Det Credit Choose from any list or enter any number in the input fields and then continue to the next question Green Energy Company's balance sheet includes the wrong Green Energy pad 530 millones for the right worth that contained an estimated 240.000 tons of ore. The company paid 570.000 to remove wanted buitings from the land and $79,000 to prepare the surface for mining Green Energy also signed a 338 200 role playable to a landscaping company to turn the land surface o scriginal condition or the rights to work the mine end. During the first year, Green Energy removed 35 500 tons of ere, of which seld 28.000 tons on account for 55 per ter Operating expenses for the first year betaled S2S 000,all paid in cast in addition, the company actuad income tax at the tax rate of 40% Rest to Ramuirement 1. Ratard all of Green Emerge as a are for the year. Rand dapilation par and to the di Placard ts fire than crads. Exclude capital and Sam any partial artist. Enter amounts in tolars. Example: Enter an . Round Begin by recording the entry for the motion of these Pad $3,000,000 cash for the right to work a mineral contained an estimated 240.000 tons of ore Journal Entry Account Credit The company paid $70.000 to remove and buildings from the land Journal Choose from any Ist or enter any number in the input fields and then continue to the next question Green Energy Company's balance sheet includes the worst Green Energy paid $20 mln cash for the right to work amine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buldings from the land and $79.000 prepare the surface for mining Green Energy also signed a 538.200 note payable a landscaping company to use and surface o sorginal condition for the rights to work the mine und During the first year. Green Energy removed 35.500 tons of one of which a sold 28,000 tors on account for $39 per tor Operating expenses for the first year old 5258,000, all paid in cast. In addition, the company accrued income tax at the tax rate of 40% Read the Requirement 2. Prepare the company's single-stap income statement for its iron ore operations for the first year. Evaluate the profitability of the company's operations. Start by preparing the income statement Green Energy Company Income Statement-bron Ore Options Yout Net Income Evaluate the probly of the companys pertos Choose from any ist or enter any number in the routes and then continue to the next question Requirements 1. 2. Record all of Green Energy's transactions for the year. Round depletion per unit to the closest cent. Prepare the company's single-step income statement for its iron ore operations for the first year. Evaluate the profitability of the company's operations. What balances should appear from these transactions on Green Energy's balance sheet at the end of its first year of operations? 3. Print Done Green Energy Company's balance sheet includes the art on Ore Rights Green Energy paid $30 million cash for the right to work a mine that contained an estimated 240.000 tons of ore. The company paid $70.000 to remove unwanted buildings from the land and $70.000 to prepare the surface for mining Green Energy to signed $2.200 note payable to landscaping company to return the land surface to the original condition after the rights to work the mine end. During the first yeur, Green Energy removed 35,500 tons of ore, of which it od 20.000 tons onscount for $38 person Operating expenses for the first year totaled $250,000, al paid in Cash In addition, the company scored income tax at the Read the Net Income () Evaluate the profitability of the company's operations w by the Requirements. What balance should appear to these tractions on Green Energy balance sheet at the end of a first year of operatora? (For the purpose of the requirement, ignore the effect of the actions on the car account) Choose from any list or enter any number in the input fields and then continue to the next question 2 0 Green Energy Company's balance sheet includes the wrong Green Energy pad 30 million cash for the right to work in that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and $79,000 to prepare the surface for mining Green Energy also signed a 338 200 role playable to a landscaping company to return the land surface o seriginal condition or the rights to work the mine end. During the first year, Green Energy removed 35.500 tons of one of which isod 28.000 tons on account for $99 perton Operating expenses for the first year old 5258000, a paid in cash in addition, the company accrued income tax at the tax of 40% Read the The company paid $70.000 to remove and buildings from the land Journal Entry Date Account Di The company paid $79.000 prepare the surface forming Journal Entry Date Accounts Credit Choose from any informere out and the contention Green Energy Company's balance sheet includes the stron Oregis Green Energy paid $30 million cash for the right to workamine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and 579,000 to prepare the surface for mining Green Energy also signed a $38.200 note payable to a landscaping company to return the land surface to original conditionate the rights to work, the mine end. During the first year, Green Energy removed 35.500 tons of ore, of which to 20.000 tors on account for a person Operating expenses for the first year old 5258.000, paid in cash. In addition, the company accrued income tax at the tax of 40% Read themes Cuan Energy 8:34,200 nata payable to a landscaping company to return the land n ate a Joumal Entry Date Accounts Crede During the first year. Green Energy removed 38.500 tons of ore Record the entry for deletion Journal Entry Dute Account Du Credit Choose from bryst or enter your ne routes and then continue to the next question Green Energy Company's balance sheet includes the stores Green Energy pad 53.0 million cash for the one to workamine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and 579,000 to prepare the surface forming Green Energy also signed a $38.200 note payable to a landscaping company to run the land surfaces original condition her the rights to work the mine end. During the first year, Green Energy removed 35.500 tons of oreof which sa 20.000 tons on account for person Operating expenses for the first year old 25.000, a paid in cash. In addition, the company accrued income tax at the tax of 40% Read theme Green Energy sold 28.000 tons of ore on account for a person. Begin by recording the sale. Do not yet recorde coaf goods soldado sa We wil Goeing journal entry) Jounal Entry Accounts Credit Now record the cost of Journal Entry Account Det Cred Choose from any ist or enter any number in the input fields and the continue to the next Question Green Energy Company's balance sheet includes the stron Ore Rights Green Energy paid $3.0 milion Cash for the night to work a mine that contained an estimated 240.000 tons of ore. The company paid $70.000 remove unwanted building from the land and $7.000 to prepare the surface for mining. Geen Energy stigned $1.200 ole payable to decaping company to return the land utach to in original condition for the right to work the nine end. During the first your, Green Energy removed 35,500 tons of ore, of which it sold 28,000 tons onscount for $19 perton. Operating expenses for the first year tosled $250,000, al paid in Cash In addition, the company served income to the tax role of 40% Read the gues. Operating expenses for the year 258,000, wi paid in cash. Journal Entry Accounts Credit The company red income tax at the taste of 40% Journal Entry Accounts Det Credit Choose from any list or enter any number in the input fields and then continue to the next question Green Energy Company's balance sheet includes the wrong Green Energy pad 530 millones for the right worth that contained an estimated 240.000 tons of ore. The company paid 570.000 to remove wanted buitings from the land and $79,000 to prepare the surface for mining Green Energy also signed a 338 200 role playable to a landscaping company to turn the land surface o scriginal condition or the rights to work the mine end. During the first year, Green Energy removed 35 500 tons of ere, of which seld 28.000 tons on account for 55 per ter Operating expenses for the first year betaled S2S 000,all paid in cast in addition, the company actuad income tax at the tax rate of 40% Rest to Ramuirement 1. Ratard all of Green Emerge as a are for the year. Rand dapilation par and to the di Placard ts fire than crads. Exclude capital and Sam any partial artist. Enter amounts in tolars. Example: Enter an . Round Begin by recording the entry for the motion of these Pad $3,000,000 cash for the right to work a mineral contained an estimated 240.000 tons of ore Journal Entry Account Credit The company paid $70.000 to remove and buildings from the land Journal Choose from any Ist or enter any number in the input fields and then continue to the next question Green Energy Company's balance sheet includes the worst Green Energy paid $20 mln cash for the right to work amine that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buldings from the land and $79.000 prepare the surface for mining Green Energy also signed a 538.200 note payable a landscaping company to use and surface o sorginal condition for the rights to work the mine und During the first year. Green Energy removed 35.500 tons of one of which a sold 28,000 tors on account for $39 per tor Operating expenses for the first year old 5258,000, all paid in cast. In addition, the company accrued income tax at the tax rate of 40% Read the Requirement 2. Prepare the company's single-stap income statement for its iron ore operations for the first year. Evaluate the profitability of the company's operations. Start by preparing the income statement Green Energy Company Income Statement-bron Ore Options Yout Net Income Evaluate the probly of the companys pertos Choose from any ist or enter any number in the routes and then continue to the next question Requirements 1. 2. Record all of Green Energy's transactions for the year. Round depletion per unit to the closest cent. Prepare the company's single-step income statement for its iron ore operations for the first year. Evaluate the profitability of the company's operations. What balances should appear from these transactions on Green Energy's balance sheet at the end of its first year of operations? 3. Print Done Green Energy Company's balance sheet includes the art on Ore Rights Green Energy paid $30 million cash for the right to work a mine that contained an estimated 240.000 tons of ore. The company paid $70.000 to remove unwanted buildings from the land and $70.000 to prepare the surface for mining Green Energy to signed $2.200 note payable to landscaping company to return the land surface to the original condition after the rights to work the mine end. During the first yeur, Green Energy removed 35,500 tons of ore, of which it od 20.000 tons onscount for $38 person Operating expenses for the first year totaled $250,000, al paid in Cash In addition, the company scored income tax at the Read the Net Income () Evaluate the profitability of the company's operations w by the Requirements. What balance should appear to these tractions on Green Energy balance sheet at the end of a first year of operatora? (For the purpose of the requirement, ignore the effect of the actions on the car account) Choose from any list or enter any number in the input fields and then continue to the next question 2 0 Green Energy Company's balance sheet includes the wrong Green Energy pad 30 million cash for the right to work in that contained an estimated 240.000 tons of ore. The company paid $70,000 to remove unwanted buildings from the land and $79,000 to prepare the surface for mining Green Energy also signed a 338 200 role playable to a landscaping company to return the land surface o seriginal condition or the rights to work the mine end. During the first year, Green Energy removed 35.500 tons of one of which isod 28.000 tons on account for $99 perton Operating expenses for the first year old 5258000, a paid in cash in addition, the company accrued income tax at the tax of 40% Read the The company paid $70.000 to remove and buildings from the land Journal Entry Date Account Di The company paid $79.000 prepare the surface forming Journal Entry Date Accounts Credit Choose from any informere out and the contention