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Score: 0 of 1 pt 2 of 6 (1 completa HW Score: 16.67%, 1 of 6 Question Help E9-24 (similar to) Rocky Mountain Mining paid
Score: 0 of 1 pt 2 of 6 (1 completa HW Score: 16.67%, 1 of 6 Question Help E9-24 (similar to) Rocky Mountain Mining paid $734,800 for the right to extract minerals from a 360.000 ton deposit. In addition to the purchase price, Rocky also paid $1,200 ting for a $1,000 inte foto the state of Nevada, and $80.000 geological Survey of the property. Because Rocky purchased the rights to the minerals only and dro purchase the land, Rupects the to have zero los During the first year. Rooy romoved and sold 60.000 tons of the minerals. Make journal is to record(a) purchase of the minerals (debit Minerals), ) payment of ies and other coll, and depletion for the first year record debits first the credits Select the nation on the last of the journal entry table.) Begin by journaling (a) the purchase of the minerals debit Mineral)(Do not record payment for any additional cooled with the minerals. We will do is in entry) Date Accounts and Explanation Debit Crede Score: 0 of 1 pt 2 of 6 (1 completa HW Score: 16.67%, 1 of 6 Question Help E9-24 (similar to) Rocky Mountain Mining paid $734,800 for the right to extract minerals from a 360.000 ton deposit. In addition to the purchase price, Rocky also paid $1,200 ting for a $1,000 inte foto the state of Nevada, and $80.000 geological Survey of the property. Because Rocky purchased the rights to the minerals only and dro purchase the land, Rupects the to have zero los During the first year. Rooy romoved and sold 60.000 tons of the minerals. Make journal is to record(a) purchase of the minerals (debit Minerals), ) payment of ies and other coll, and depletion for the first year record debits first the credits Select the nation on the last of the journal entry table.) Begin by journaling (a) the purchase of the minerals debit Mineral)(Do not record payment for any additional cooled with the minerals. We will do is in entry) Date Accounts and Explanation Debit Crede
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