- sad construction company uses the percentage of completion method when total construction costs can be estimated. sad is building an office building for porter company for $10,000,000 cost
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12/31/2014 12/31/2015 12/31/2016
cost incurred to date $2,000,000 $3,500,000 $6,500,000
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estimated costs to complete $6,000,000 $4,500,000 $1,500,000
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billings to date $6,000,000 $8,000,000 $10,000,000
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collections to date $3,000,000 $5,500,000 $10,000,000
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prepare all journal entries for 2014 that sad should make for this work.
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prepare all journal entries for 2015 that sad should make for this work.
Answers
Status NEW
Posted 08 Aug 2017 07:08 PM
My Price 7.00
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