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PRINTER VERSION BACK CES Excercise 10-11 (Part Level Submission) On July 1, 2017, Friedman Inc. invested $763,020 in a mine estimated to have 833,000 tons
PRINTER VERSION BACK CES Excercise 10-11 (Part Level Submission) On July 1, 2017, Friedman Inc. invested $763,020 in a mine estimated to have 833,000 tons of ore of uniform grade. During the last 6 months of 2017, 119,000 tons of ore were mined. (a1) Your answer is correct. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Y Depletion cost per unit 0.94 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR EXERCISE Attempts: 2 of 3 used (a2) Prepare the journal entry to record depletion. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Click if you would like to show Work for this question: Onen Show Work
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