SlideShare une entreprise Scribd logo
1  sur  1
BE11-9 Everly Corporation acquires a coal mine at a cost of
$400,000. Intangible development costs total $100,000. After
extraction has occurred, Everly must restore the property
(estimated fair value of the obli- gation is $80,000), after which
it can be sold for $160,000. Everly estimates that 4,000 tons of
coal can be extracted. If 700 tons are extracted the first year,
prepare the journal entry to record depletion

Contenu connexe

Plus de lascellesjaimie

Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docxBiomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
lascellesjaimie
 
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docxBiology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
lascellesjaimie
 
Biblical Worldview Essay InstructionsRationale for the Biblical .docx
Biblical Worldview Essay InstructionsRationale for the Biblical .docxBiblical Worldview Essay InstructionsRationale for the Biblical .docx
Biblical Worldview Essay InstructionsRationale for the Biblical .docx
lascellesjaimie
 
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docxBenchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
lascellesjaimie
 
Below is 4 questions that I need answered. I usually just get other .docx
Below is 4 questions that I need answered. I usually just get other .docxBelow is 4 questions that I need answered. I usually just get other .docx
Below is 4 questions that I need answered. I usually just get other .docx
lascellesjaimie
 
Below are 15 poorly written sentences. Rewrite them to improve the w.docx
Below are 15 poorly written sentences. Rewrite them to improve the w.docxBelow are 15 poorly written sentences. Rewrite them to improve the w.docx
Below are 15 poorly written sentences. Rewrite them to improve the w.docx
lascellesjaimie
 
Before you begin this assignment, be sure you1.Read the UMUC.docx
Before you begin this assignment, be sure you1.Read the UMUC.docxBefore you begin this assignment, be sure you1.Read the UMUC.docx
Before you begin this assignment, be sure you1.Read the UMUC.docx
lascellesjaimie
 
Behavior ChangeUltimately, the knowledge you gain from studies.docx
Behavior ChangeUltimately, the knowledge you gain from studies.docxBehavior ChangeUltimately, the knowledge you gain from studies.docx
Behavior ChangeUltimately, the knowledge you gain from studies.docx
lascellesjaimie
 
Before this I was not unacquainted with the more obvious laws of ele.docx
Before this I was not unacquainted with the more obvious laws of ele.docxBefore this I was not unacquainted with the more obvious laws of ele.docx
Before this I was not unacquainted with the more obvious laws of ele.docx
lascellesjaimie
 
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docxBefore there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
lascellesjaimie
 
Beethoven; Art and Protest in the 1800s Please respond to one (1).docx
Beethoven; Art and Protest in the 1800s Please respond to one (1).docxBeethoven; Art and Protest in the 1800s Please respond to one (1).docx
Beethoven; Art and Protest in the 1800s Please respond to one (1).docx
lascellesjaimie
 

Plus de lascellesjaimie (20)

Biotechnology ApplicationsBiotechnology refers to the technical ap.docx
Biotechnology ApplicationsBiotechnology refers to the technical ap.docxBiotechnology ApplicationsBiotechnology refers to the technical ap.docx
Biotechnology ApplicationsBiotechnology refers to the technical ap.docx
 
Bios of 20 Important WomenStudents will be required to complete bi.docx
Bios of 20 Important WomenStudents will be required to complete bi.docxBios of 20 Important WomenStudents will be required to complete bi.docx
Bios of 20 Important WomenStudents will be required to complete bi.docx
 
Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docxBiomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
Biomedical Essay 5 sources minimum.  MLA Format.  Classical Argumen.docx
 
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docxBiology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
Biology 110 Online Evolution lab Student Directions 1.    Go to htt.docx
 
Biblical Worldview Essay InstructionsRationale for the Biblical .docx
Biblical Worldview Essay InstructionsRationale for the Biblical .docxBiblical Worldview Essay InstructionsRationale for the Biblical .docx
Biblical Worldview Essay InstructionsRationale for the Biblical .docx
 
Biblical passaes 2 Samuel 13 1-22 looking for similarity between tw.docx
Biblical passaes 2 Samuel 13 1-22 looking for similarity between tw.docxBiblical passaes 2 Samuel 13 1-22 looking for similarity between tw.docx
Biblical passaes 2 Samuel 13 1-22 looking for similarity between tw.docx
 
Benefits of Nongoverning Volunteer Orientation and TrainingBoard G.docx
Benefits of Nongoverning Volunteer Orientation and TrainingBoard G.docxBenefits of Nongoverning Volunteer Orientation and TrainingBoard G.docx
Benefits of Nongoverning Volunteer Orientation and TrainingBoard G.docx
 
Bernard Madoff, a once highly regarded member of the Wall Street c.docx
Bernard Madoff, a once highly regarded member of the Wall Street c.docxBernard Madoff, a once highly regarded member of the Wall Street c.docx
Bernard Madoff, a once highly regarded member of the Wall Street c.docx
 
Benefits of a Diverse WorkforceCommunication is of utmost import.docx
Benefits of a Diverse WorkforceCommunication is of utmost import.docxBenefits of a Diverse WorkforceCommunication is of utmost import.docx
Benefits of a Diverse WorkforceCommunication is of utmost import.docx
 
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docxBenchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
Benchmark - Evidence-Based Practice Project—Paper on Diabetes .docx
 
Below I attached the instructions and requirements for this paper..docx
Below I attached the instructions and requirements for this paper..docxBelow I attached the instructions and requirements for this paper..docx
Below I attached the instructions and requirements for this paper..docx
 
Below is 4 questions that I need answered. I usually just get other .docx
Below is 4 questions that I need answered. I usually just get other .docxBelow is 4 questions that I need answered. I usually just get other .docx
Below is 4 questions that I need answered. I usually just get other .docx
 
Behavioral Interventions PresentationI need only 2 slides .docx
Behavioral Interventions PresentationI need only 2 slides .docxBehavioral Interventions PresentationI need only 2 slides .docx
Behavioral Interventions PresentationI need only 2 slides .docx
 
Below are 15 poorly written sentences. Rewrite them to improve the w.docx
Below are 15 poorly written sentences. Rewrite them to improve the w.docxBelow are 15 poorly written sentences. Rewrite them to improve the w.docx
Below are 15 poorly written sentences. Rewrite them to improve the w.docx
 
Being able to make inferences based on available information is an i.docx
Being able to make inferences based on available information is an i.docxBeing able to make inferences based on available information is an i.docx
Being able to make inferences based on available information is an i.docx
 
Before you begin this assignment, be sure you1.Read the UMUC.docx
Before you begin this assignment, be sure you1.Read the UMUC.docxBefore you begin this assignment, be sure you1.Read the UMUC.docx
Before you begin this assignment, be sure you1.Read the UMUC.docx
 
Behavior ChangeUltimately, the knowledge you gain from studies.docx
Behavior ChangeUltimately, the knowledge you gain from studies.docxBehavior ChangeUltimately, the knowledge you gain from studies.docx
Behavior ChangeUltimately, the knowledge you gain from studies.docx
 
Before this I was not unacquainted with the more obvious laws of ele.docx
Before this I was not unacquainted with the more obvious laws of ele.docxBefore this I was not unacquainted with the more obvious laws of ele.docx
Before this I was not unacquainted with the more obvious laws of ele.docx
 
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docxBefore there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
Before there was Paris Hilton, there was Consuelo Vanderbilt Balsan.docx
 
Beethoven; Art and Protest in the 1800s Please respond to one (1).docx
Beethoven; Art and Protest in the 1800s Please respond to one (1).docxBeethoven; Art and Protest in the 1800s Please respond to one (1).docx
Beethoven; Art and Protest in the 1800s Please respond to one (1).docx
 

Dernier

Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
KarakKing
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
ZurliaSoop
 

Dernier (20)

Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 

BE11-9 Everly Corporation acquires a coal mine at a cost of $400,0.docx

  • 1. BE11-9 Everly Corporation acquires a coal mine at a cost of $400,000. Intangible development costs total $100,000. After extraction has occurred, Everly must restore the property (estimated fair value of the obli- gation is $80,000), after which it can be sold for $160,000. Everly estimates that 4,000 tons of coal can be extracted. If 700 tons are extracted the first year, prepare the journal entry to record depletion