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Revenue Utility Expenses Dry holes exploration cost Prepaid Expenses G&G Cost Successful exploratory well Accrued Expenses Development wells-dry Supplies Development well - successful Property plant
Revenue Utility Expenses Dry holes exploration cost Prepaid Expenses G&G Cost Successful exploratory well Accrued Expenses Development wells-dry Supplies Development well - successful Property plant & Equipment Production facilities Production cost DD&A expenses Accumulated DD&A Account receivable $100,000 10,000 10,000 12,000 13 000 5,000 15,000 12,000 2.000 30.000 85,000 25,000 10,000 9,000 15,000 34,000 Under full cost accounting, calculate how much expenses for the period ending December 31, 2020 A 552.000 B. 556.000 C. $44,000 D. $29.000
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