slve

E v ezto.mheducation.com A C + 21 McGraw Hill (Basic Link) - ACCT-2301-02R-Summer | 2025 M Question 20 - Chapter 8 Lecture Videos - Connect Chat Thread Chapter 8 Lecture Videos i Saved Help Save Exit Submit Check my work 20 Required information 0.41 Knowledge Check 01 points Last year, Mountain Top, Incorporated, purchased a coal mine at a cost of $900,000. The salvage value has been estimated at 8 01:42:57 $100,000. The coal mine has an estimated 200,000 tons of available coal. A total of 70,000 tons were mined and sold during the current year. Complete the necessary adjusting journal entry to record depletion expense for the current year by selecting the account names from eBook the drop-down menus and entering the dollar amounts in the debit or credit columns. Print References View transaction list Journal entry worksheet Last year, Mountain Top, Incorporated, purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. The coal mine has an estimated 200,000 tons of available coal. A total of 70,000 tons were mined and sold during the current year. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Mc Graw Hill