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book Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright cover

Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright

النسخة 5الرقم المعياري الدولي: 9781630181031
book Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright cover

Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright

النسخة 5الرقم المعياري الدولي: 9781630181031
تمرين 6
Tiger Oil Company, a successful efforts company, owns an ORI in an unproved
property that cost $20,000. The ORI has not been impaired. Assume Tiger sold its
entire interest in the ORI for the following amounts:
a. $15,000
b. $25,000
Prepare journal entries to record the sales under the different assumptions.
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Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright
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