Assume a construction contract for $400,000 to begin in 2016 and complete in 2017: 2016:...
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Accounting
Assume a construction contract for $400,000 to begin in 2016 and complete in 2017:
2016:
Actual costs to date: $90,000 Estimated costs to complete: $210,000 Compute the amounts of revenue and gross profit for 2016
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