Everly corporation acquires a coal mine at a cost of $479,200. intangible development costs total $119,800. after extraction has occurred, everly must restore the property (estimated fair value of the obligation is $95,840), after which it can be sold for $191,680. everly estimates that 4,792 tons of coal can be extracted. if 839 tons are extracted the first year, prepare the journal entry to record depletion.
required:

a. restoration costs inventory accumulated depletion development costs.
b. restoration costs development costs accumulated depletion inventory

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?