Question: Home Insert Page Layout Formulas Data Review View Developer Cut Copy File Calibri Paste Merge & Center Format Painter Clipboard Font Alignment C15 3 During

Home Insert Page Layout Formulas Data Review View Developer Cut Copy File Calibri Paste Merge & Center Format Painter Clipboard Font Alignment C15 3 During July, Session Oil Company sold 6,000 Mcf of gas at $10.00/Mcf. The lease 4-provides a 1/6 R. The working interest owner receives 100% of the revenues (net of 55% severance tax) and then distributes the amount due to the royalty interest owner. 7 Required: Give the entry by Session to record the sale of the gas. 10 13 15 16 17 19 21 23 27

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