During 2012 hecala changed its estimate of the total amount, Ask an Expert

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During 2012 Hecala changed its estimate of the total amount of ore originally in the mine from 800,000 to 1,000,00 tons. Briefly describe the accounting treatment the comp[any will employ to account for the change and find out the depletion of the mining facilities and equipment for 2012 assuming Hecala extracted 150,000 tons of ore in 2012.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M964536

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