Exam 2 review - -revenue recognition- % complete/completed

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Exam 2 – Review Chapter 17 MC -Classification: Unrealized G/L; Trading, Available for Sale, Held to Maturity -Recording Investments including fees -FV adjustments -Recording Investment/Dividends/Income under the FV and Equity Methods -Calculations: CV bonds/CV of Investment Chapter 17 Written: Journal Entries for FV versus Equity and computing ending balances Recording Purchase, selling and calculating balances to reported in the financials Chapter 18 MC -Advantages of one method over the other -which method to choose? -Terms i.e. recognition, realize, realization etc.
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Unformatted text preview: -revenue recognition- % complete/completed contract-calculations for: % complete/completed contract GP, CIP, Billings, Construction Costs, Revenue etc. Chapter 18 Written -Computation of Accounts for % Complete/Completed Contract for multiple years-Adjusting entry for 1 year Chapter 19 MC Tax Expense Deferred Tax Asset/Liability Chapter 20 MC-Defined Benefit/Defined Contribution/vested-Relationships amongst accounts-Corridor approach Computations of balances and journal entry amounts Chapter 20 Written Pension Work Sheet/ Adjusting Entry...
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Exam 2 review - -revenue recognition- % complete/completed

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