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Casal Company account of Gas Propre Cod 35,400.00 foring 1.000.000 af 20.000 property and $410.000 to prepare forring During the way. Come and 72.000 botol

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Casal Company account of Gas Propre Cod 35,400.00 foring 1.000.000 af 20.000 property and $410.000 to prepare forring During the way. Come and 72.000 botol of Colore El fine Recome the payment for the moves to record sement for anyone who are prolonged to win the towym Date Accounts and Explanation Debit Credit DO 100 Asunted 20.000 tona party and 410.000 Reconds of the corne Date Accounts and lotion De Cie TELE Choose from any store any number is the outfits and then dick Check Ant Assume the company paid $520,000 for additional geological tests of the property and 5410,000 to prepare for driling, Record the payment for additional geological tests of the property and for preparing the property for drilling (Record a single compound journal entry) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer Clear All 1 part remaining 107F Sun Type here to search O Prison Home End Record the payment for the oil rosorvos. Do not record payment for any additional costs associated with the oil reserves (geological testing and/or drilling) Date Accounts and Explanation Debit Credit 5,400,000 Oil and Gas Properties Cash 6,400,000 To record purchase prol reserves Assume the company paid $520,000 for additional geological tests of the property and $410,000 to prepare for drilling Record the payment for additional geological tests of the property and for preparing the property for drilling. (Record a single compound journal entry) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer part remaining Clear All 1 Type here to search O DIE E Prisen F Hom FG Casella Oil Company has an account titled Oil and Gas Properties. Casella paid 56,400 000 for dem property and $410,000 to prepare for drilling. During the first year, Casella removed and sold 72,000 bar Explanations will appear on the last line of the journal entry table.) Donord the nument for the oil rosoves no not record nayment for any additional costs and 00 for oil reserves holding an estimated 1,000,000 barrels of oil. Assume the company paid $520,000 for additional geological tests of the old 72.000 barrels of all. Record all of Casella's transactions, including depletion for the first year. (Record debits first, then credits. ssociated with the oil reserves (geological testing and/or drilling). We will do this in the following entry. Debit Credit

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