E18-5 - $18,200 Total Value of contract $1,000,000...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
$ a Total Billings $61,500 Less: Accounts Receivable $21,500 Cash Received $40,000 b Total Billings during the year $61,500 Income before tax recognized for the y
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $18,200 Total Value of contract $1,000,000 Estimated Income for the contract $295,935...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online