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Instructions Chart of Accounts Starting question Journal Instructions Alaska Mining Co. acquired mineral rights for $28,674,000. The mineral deposit 1 00.000 tons. During the current

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Instructions Chart of Accounts Starting question Journal Instructions Alaska Mining Co. acquired mineral rights for $28,674,000. The mineral deposit 1 00.000 tons. During the current year, 1.710.000 tons Required: a Determine the amount of depletion expense for the current year b. Journate the adjusting entry on December 31 to recognize the depletion expense titles the Chart of Accounts for exact wording of

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