P10-33A (similar to) Caso Conany accounted and properties00.000 for deres m000.000 Amecom. rand 410.000 prewe on Our the first year Carved and 72.000 barrel of Record Coswort wel heeft econd pamer to the reves. Do not recept for anyone with the engine weny Dute Accounts and Explanation Debit CH Old Proper WA00.000 Cath 6.400.000 con for As the company paid $520.000 for additional logo of the property and $410.000 to prepare forong Record the payment for additional geological of the property and for preping the property for long entre compound many Date Account and Explanation Debat Credit Choose from any for enter any number in the inputs and then click Check Answer CA Clear port 1 520 Record the payment for the oil reserves. Do not record payment for any additional costs associated with the oil reserves (geological testing and/or drilling). We Date Accounts and Explanation Debit Credit Oil and Gas Properties 6.400,000 Cash 6,400,000 To record purchase of our 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 Score: 6.93 of 8 pts 4 of 56 complete WW Score P10-33A (similar to) Casella Oil Company has an account titled Oil and Gas Properties. Casella paid 50,400,000 for reserves holding animated 1.000 DO property and $410,000 to prepare for drilling, During the first year, Cases removed and sold 72,000 barrels of records of Explanations will appear on the last line of the journal entry table.) Record the payment for the oil reserves. Do not record payment for any additional costs asociated with the oil reserves Corological testing were all the Accounts and Explanation Debit Credit .) Question Help etc Otordal Popeet Canela pad 35.400,000 for reserves Tolding an estimated 1.000.000 barrels of ol. Assume the company paid $520,000 for additional geological tests of the og During the case removed and sold 72.000 barrels of ot Record all of Cos's transactions, including depletion for the first year. (Record debits first, then credits estany