The following costs incurred by the exploration department of Matrix Energy Corporation during 2018.

Shooting rights $20,000 Bottom-hole contribution 33,000 Supplies for exploration (G&G) activities 10,000 Mapping costs for exploration (G&G) activities 19,000 Salaries for exploration (G&G) activities 175,000 Depreciation of exploration (G&G) equipment 12,000 Transportation for seismic crew 7,500 Operating costs for exploration (G&G) equipment 7,000

REQUIRED: Give the entries to record these transactions.

Q3- The following costs incurred by the exploration department of Matrix Energy Corporation during 2018. REQUIRED: Give the entries to record these transactions