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Question 4 - HW: Ch 08 - Connect Saved Help tana Mining Company pays $ \$ 3,161,610 $ for an ore deposit containing $ 1,416,000 $ tons. The company installs machinery in th ting $ \$ 210,500 $. Both the ore and machinery will have no salvage value after the ore is completely mined. Montana mines 700 tons of ore during the year. oare the December 31 year-end entries to record both the ore deposit depletion and the mining machinery depreciation. hinery depreciation should be in proportion to the mine's depletion. e: Do not round intermediate calculations. Round your final answers to the nearest whole number. View transaction list Journal entry worksheet 1 2 Record the year-end adjusting entry for the depletion expense of ore mine. Note: Enter debits before credits. $ \square $ $ 34^{\circ} \mathrm{FClear} $

          Question 4 - HW: Ch 08 - Connect
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tana Mining Company pays \( \$ 3,161,610 \) for an ore deposit containing \( 1,416,000 \) tons. The company installs machinery in th ting \( \$ 210,500 \). Both the ore and machinery will have no salvage value after the ore is completely mined. Montana mines 700 tons of ore during the year.
oare the December 31 year-end entries to record both the ore deposit depletion and the mining machinery depreciation. hinery depreciation should be in proportion to the mine's depletion.
e: Do not round intermediate calculations. Round your final answers to the nearest whole number.

View transaction list

Journal entry worksheet
1
2

Record the year-end adjusting entry for the depletion expense of ore mine.

Note: Enter debits before credits.
\( \square \)
\( 34^{\circ} \mathrm{FClear} \)

Question 4 - HW: Ch 08 - Connect
Saved
Help
tana Mining Company pays $ 3,161,610 for an ore deposit containing 1,416,000 tons. The company installs machinery in th ting $ 210,500. Both the ore and machinery will have no salvage value after the ore is completely mined. Montana mines 700 tons of ore during the year.
oare the December 31 year-end entries to record both the ore deposit depletion and the mining machinery depreciation. hinery depreciation should be in proportion to the mine's depletion.
e: Do not round intermediate calculations. Round your final answers to the nearest whole number.

View transaction list

Journal entry worksheet
1
2

Record the year-end adjusting entry for the depletion expense of ore mine.

Note: Enter debits before credits.
□
34^∘FClear

Added by Kayla R.

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