Consider the facts presented in the previous problem (P9-23). In problem (P9-23) Required: Record the journal entries
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In problem (P9-23)
Required:
Record the journal entries in 2012 and 2013 relating to the exploration and evaluation costs using the full cost method.
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2012 2013 Andromeda Bode Total S2,380,000 950,000 $3,330,000 $1.470,000 $3.420,000
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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