Chapter 8 acc Flashcards | Quizlet
Study with Quizlet and memorize flashcards containing terms like A major expenditure made to equipment that extends its useful life beyond the original estimate is journalized by _____, Pittsburg Resources acquired a coal mine for 6,360,000. The company's survey estimates that 120,000 tons of coal can be extracted from the mine. In the first year of operations, 25,000 tons of coal was extracted.