Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 14.00

Arrow Construction Company

On February 1, 2016, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,050,000. During 2016, costs of $2,020,000 were incurred, with estimated costs of $4,020,000 yet to be incurred. Billings of $2,524,000 were sent and cash collected was $2,270,000.

      In 2017, costs incurred were $2,524,000 with remaining costs estimated to be $3,630,000. 2017 billings were $2,774,000, and $2,495,000 cash was collected. The project was completed in 2018 after additional costs of $3,820,000 were incurred. The companyAc€?cs fiscal year-end is December 31. This project does not qualify for revenue recognition over time.

Answers

(5)
Status NEW Posted 18 Aug 2017 05:08 PM My Price 14.00

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