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what adjusting entry does a company make to record the using up of natural resources hour. 52 minutes. 05 ation Statuse ONE plant assets normally

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hour. 52 minutes. 05 ation Statuse ONE plant assets normally reported on the balance she Sst less accumulated depreciation current market values Lower of cost or market O Replacement cost QUESTION 9 What adjusting entry does a company make to record the using up of natural resources? O Debits Accumulated Amortization and credits Amortization Expense O Debits Amortization Expense and credits Accumulated Amortization 2 Debits Depletion Expense and credits Accumulated Depletion " Depreciation Expense and credits Accumulated Depreciation ks ng $100,000 has an estimated od 2,500 hours this year

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