a) Record construction costs of 1800000 on construction in process to date.
b) Record progress billings of $ 1000000
c)Record the recognition of profit that can be recognized to date, on a percentage of completion basis.
Recently Asked Questions
- Suppose that in the United States , 80 % of the population owns a cell phone , 60 % of the population owns a digital camera , and 55 % of the population owns
- The claims department of an insurance company receives envelopes with claims for insurance coverage at a Poisson rate of λ = 50 envelopes per week . For any
- Five jobs are waiting to be processed . Their processing times and due dates are given below . Using the shortest processing time dispatching rule . In which