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Exercise 10-11 al-a2 (Part Level Submission) (Video) On July 1, 2020, Bramble Inc. invested $611.250 in a mine estimated to have 815,000 tons of ore
Exercise 10-11 al-a2 (Part Level Submission) (Video) On July 1, 2020, Bramble Inc. invested $611.250 in a mine estimated to have 815,000 tons of ore of uniform grade. During the last 6 months of 2020, 101.000 tons of or wermined. (1) Your answer is correct. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit 0.75 Click if you would like to show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LOK TO TERT VIDEO SIMILAR EXERCEM (a2) Your answer is partially correct. Try again. Prepare the journal entry to record depletion. (Credit account titles are automatically indented when amount is entered. Do not indent man o for the amounts) Debit Credit Date Account Titles and Explanation E Dec. 31 Depletion Expense 75750 75750 Accumulated Depletion
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