A construction company enters a long-term contract with a customer. The contract price is $2,500,000....
50.1K
Verified Solution
Link Copied!
Question
Accounting
A construction company enters a longterm contract with a customer. The contract price is $ Year costs are $ and it's estimated the project is complete. Using the percentageofcompletion method, what profit is recognized in Year A $ B $ C $ D $ ## Please Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave dislikes for you and more from my friend's accounts also.
A construction company enters a longterm contract with a customer. The contract price is $ Year costs are $ and it's estimated the project is complete. Using the percentageofcompletion method, what profit is recognized in Year
A $
B $
C $
D $
##
Please Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave dislikes for you and more from my friend's accounts also.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.