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Company B acquired the rights to use a mine for gold for $100,000. They expect the mine to provide 300,000 ounces of gold. In the

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Company B acquired the rights to use a mine for gold for $100,000. They expect the mine to provide 300,000 ounces of gold. In the first year, they extracted 60,000 ounces of gold. Record the journal entry for depletion

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