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To record payment of costs associated with purchase of oil reserver, During the first year, Conseco romoved and sold 65,000 barrels of oil. Record the
To record payment of costs associated with purchase of oil reserver, During the first year, Conseco romoved and sold 65,000 barrels of oil. Record the depletion expense for the first year. Assume no residual value Round interim cakulations to the nearest cent and your final answers to the nearest whole dobar) Date Accounts and Explanation Debit Credit Depletion Expense-Oil and Gas Properties Accumulated Deplotion-Oil and Gas Properties To record depletion Choose from any list or enter any number in the input fields and then click Check Answer Clear All All parts showing 105F Type here to search Come O Comhas an accounted and Properties Concept 1.400.000 free hd 500.000 flecom.000 property and 1410.000 opere for unge first year. Canseco noved and soit 8.000 bares of Record of secondo on will appear on the line of our eyes Contec paid $8.400.000 forint 500,000 Record payment to the reserves. Do not recond payment for any docos medicine in two (oerklega teng nie. W wilco Wanawany Date Accounts and antion Det Ce olandas Pro 1.400.000 to record purchase of reserve Acum e company paid 5510,000 for costs of the property and $410,000 to prepare for aming Record the perment for at gists of the property and for preparing for compound me Date Accounts and Explanation Debat Credit O Gas Properties 520.000 Cash 500,000 fogs from any list or enter any number in the input Volds and then click Check Answer Frare
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