a bauxite mine was acquired at a cost of 1500000
A bauxite mine was acquired at a cost of $1,500,000 and estimated to contain 6,000,000 tons of ore. During the year, 95,000 tons were mined and sold. Prepare the journal entry for the year's depletion expense.
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1-aug-13 started business by investing 20000 from personal savings into a business bank account and a car and furniture worth 90000 and 30000
birch issued 200 shares of 12 par common stock in exchange for a piece of equipment with a current market value of 3000whichof the following is not
for earnings management is impairment of goodwill easier to manipulate than impairment of
jane has a 35000 bank loan that she wishes to pay off in five equal annual payments with 12 interest if the first payment is due one year from
a bauxite mine was acquired at a cost of 1500000 and estimated to contain 6000000 tons of ore during the year 95000 tons were mined and sold
ryans express has total credit sales for the year of 178000 and estimates that 3 of its credit sales will be uncollectible record the end-of-period
a light truck is purchased on january 1 at a cost of 27000 it is expected to serve for eight years and have a salvage value of 3000 calculate the
based on the financial statements for jackson enterprises income statement statement of owners equity and balance sheet shown below prepare the
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