two sites.

$($Click the icon to view the costs.$)$

Required

Record the journal entries in $2023$ and $2024$ relating to the exploration and evaluation costs using the successful efforts method. Assume that Kilton has a policy of capitalizing the costs of exploration and evaluation.

and leave all other cells blank.$)$

With a single entry, prepare the entry to show the spending on exploration and evaluation costs in $2024.$

Prepare any adjusting entry required at the end of $2024$ under the successful$-$efforts method.

Data table