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QUESTION 9 N Please provide the entries to record these transactions under Successful Efforts (10 pts) Echo Exploration & Production Company incurred the following costs

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QUESTION 9 N Please provide the entries to record these transactions under Successful Efforts (10 pts) Echo Exploration & Production Company incurred the following costs during 2020: February 15 Lease Acquisition Costs $ 150,000.00 March 16 Exploratory Dry-Hole Costs $ 350,000.00 April 29 Successful Exploratory Well Costs $ 500,000.00 August 4 Production Facility Costs $ 100,000.00 September 20 Production Costs $ 55,000.00 En

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