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If during January 2023 pipeline runs from lease No. 1234 showed the working intemat share of runs to be 1,000 barrels and the appropriate price

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If during January 2023 pipeline runs from lease No. 1234 showed the working intemat share of runs to be 1,000 barrels and the appropriate price for production from the lease was $20 per barrel. The following entry would be made summarixing the month's activity a- Accounts receivable- oil and gas should be decreased by $20.000 Crude oil revenue should also be increased by $20,000. b- Accounts receivable- oil and gas should be increased by 520,000 Crude oil revenue should also be decreased by $20,000. c- Accounts receivable- oil and gas should be debited by $20,000 Crude oil revenue should also be credited by $20,000. d- Accounts receivable-oil and gas should be credited by $20,000 Crude oil revenue should also be debited by $20,000

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