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Business, 22.07.2019 18:50 powelltyr2002

Bering rock acquires a granite quarry at a cost of $590,000, which is estimated to contain 200,000 tons of granite and is expected to take 6 years to remove. what journal entry would be needed to record the expense for the first year assuming 38,000 tons were removed and sold?

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Bering rock acquires a granite quarry at a cost of $590,000, which is estimated to contain 200,000 t...
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