In 2024, the Westgate Construction Company entered into a contract to construct a road for...

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Accounting

In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for 23 $10,000,000. The road was completed in 2026 . Information related to the controct is as follows: Cost incurred during the year Estinated costs to complete as of year-end Billings ouring the year Cash collections during the year 2024 S 2,400,090 5,609,609 2,609,060 1,860,090 2025 $3,600 2,600,609 4,009,600 3,609,600 2926 {:[2","209","609],[4

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