Question: Question 2 of 3 2.78/5 E (a2) Your answer is partially correct Prepare the journal entry to record depletion for the first year. (Credit account

Question 2 of 3 2.78/5 E (a2) Your answer is partially correct Prepare the journal entry to record depletion for the first year. (Credit account titles are automatically indented when amounts entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit Inventory 204500 Accumulated Depletion 204500 e Textbook and Media Solution List of Accounts Sive for Later Attempts: unlimited Submit Answer Whispering Winds Corp. purchased for $12,385,000 a mine that is estimated to have 49.540,000 tons of ore and no salvage value. In the first year, 8.180,000 tons of ore are extracted. (1) Your answer is correct. Calculate depletion cost per unit. (Round answer to 2 decimal places, es 0.50) Depletion cost per unit $ 0.25 per ton eTextbook and Media Solution List of Accounts Attempts: unlimited la2) Your answer is partially correct. Prepare the journal entry to record depletion for the first year (Credit occount titles are automatically indented when amount is entered. Do not indent manually. no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and explanation Debit Credit Inventory 204500 Accumulated Depletios 204500 e Textbook and Media Solution List of Accounts Save for Later Attempts: unlimited Submit
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