fbpx

Accounting Assignment | Custom Assignment Help

On July 23 of the current year, Dakota Mining Co. pays $6,752,880 for land estimated to contain 8,136,000 tons of recoverable ore. It installs machinery costing $1,545,840 that has a 10-year life and no salvage value and is capable of mining the ore deposit in eight years. The machinery is paid for on July 25, seven days before mining operations begin. The company removes and sells 417,000 tons of ore during its first five months of operations ending on December 31. Depreciation of the machinery is in proportion to the mine’s depletion as the machinery will be abandoned after the ore is mined.

Don't use plagiarized sources. Get Your Assignment on
Accounting Assignment | Custom Assignment Help
Just from $13/Page
Order Now

Custom Assignment Help

Required:

Prepare entries to record the following. (Do not round your intermediate calculations. Round “Depletion per ton” to two decimal places and round all other answers to the nearest whole dollar.)

(a) To record the purchase of the land.

(b) To record the cost and installation of machinery.

(c) To record the first five months’ depletion assuming the land has a net salvage value of zero after the ore is mined.

(d) To record the first five months’ depreciation on the machinery.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Social Work and Human Services
Thank you
Customer 463783, January 28th, 2023
Nursing
thks
Customer 453939, January 27th, 2020
Marketing & Advertising
Excellent work. Looking forward to your future contributions.
Customer 463467, December 1st, 2022
Management
Excellent. Thank you. I am grateful and I am thankful. I hope you have a wonderful day :)
Customer 454227, May 10th, 2020
History
The work was of amazing quality and was even better than I could have imagined.
Customer 454439, June 1st, 2020
Entertainment & Gaming
Avoid plagiarism.
Customer 452441, April 12th, 2022
Human Resources Management (HRM)
Good work.
Customer 463125, July 4th, 2022
Military
excellent job
Customer 456821, August 3rd, 2022
Business Studies
Great job!
Customer 462533, April 10th, 2022
Marketing & Advertising
Nice article. I've also learnt alot.
Customer 453915, September 21st, 2022
Statistics
super professional
Customer 462485, May 17th, 2022
Computer science
Paper was extremely because support team did not read my request, causing it to be extremely late. I should receive at some type of refund because that one is not on me...
Customer 452515, April 19th, 2020
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat