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QUESTION 3 Aydin Ltd commences mining operations on 1 July 2019. During the first yez...

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QUESTION 3 Aydin Ltd commences mining operations on 1 July 2019. During the first yez deputadagurtun in derpretrazione Gifford Hill, Talawang and Fingal . It incurs the folowing costs: 2 points 2 Exploration and Evaluation costs: PPE (Smilioni) Exploration and total steuss Ereluction costs: Intangible asset Smilton) Gifford Hill 3 Tallawang 11 Fingal 111 114 117 31 On 10 January 2020, uranium is discovered at Gifford Hill. In March 2020 it becomes too costly to continue optarsztalaang Thisstecentret Operations at Fingal are continuing although no decision has been made about the commerdal viability of the ste Up until 30 June 2020, development costs of $12 million are incurred a Gifford Hill (to be deprecated amerised on apron osutaj Tsus. relates to the construction of plant and equipment. The site is estimated to have 5006 tonnes of uranium. The current sale presso per turne Up until 30 June 2020, 5000 tonnes of uranium are extracted at a production cost of 52 milion. In june 2020, 4300 tonns are sold with 100 remaining on it. The reporting date of Aydin Ltd is 30 June 2020 Required: Provide the journal entries using the area-of-interest method. Show all workings

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