Unformatted text preview: Instructions (a) How much revenue should be reported for 2009? Show your computation. (b) Make the entry to record progress billings of $2,400,000 during 2009. (c) Make the entry to record the revenue and gross profit for 2009. (d) How much gross profit should be reported for 2010? Show your computation....
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- Spring '08
- Generally Accepted Accounting Principles, Percentage-of-Completion Method, Rollins Construction Co.