subject
Business, 24.12.2020 16:00 emilycolley2

On March 31, 2018, M. Belotti purchased the right to remove gravel from an old rock quarry. The gravel is to be sold as roadbed for highway construction. The cost of the quarry rights was $283,800, with estimated salable rock of 33,000 tons. During 2018, Belotti loaded and sold 5,100 tons of rock and estimated that 27,900 tons remained at December 31, 2018. At January 1, 2019, Belotti estimated that 15,300 tons still remained. During 2019, Belotti loaded and sold 10,200 tons. Belotti uses the units-of-production method. Belotti would record depletion in 2019 of:

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.
Answers: 3
question
Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
Answers: 3
question
Business, 22.06.2019 19:10
Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position
Answers: 3
question
Business, 23.06.2019 02:20
Suppose rebecca needs a dog sitter so that she can travel to her sister’s wedding. rebecca values dog sitting for the weekend at $200. susan is willing to dog sit for rebecca so long as she receives at least $175. rebecca and susan agree on a price of $185. suppose the government imposes a tax of $30 on dog sitting. the tax has made rebecca and susan worse off by a total of
Answers: 3
You know the right answer?
On March 31, 2018, M. Belotti purchased the right to remove gravel from an old rock quarry. The grav...
Questions
question
Mathematics, 27.03.2021 05:50
question
Health, 27.03.2021 05:50
question
Mathematics, 27.03.2021 05:50
Questions on the website: 13722363