Liam Ltd. Began work in Y7 on a contract for $960,000. Other details follow: Costs incurred...
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Liam Ltd. Began work in Y7 on a contract for $960,000. Other details follow: Costs incurred during the year Estimated costs to complete as of December 31 Billings during the year Collections during the year Y7 Y8 $490,000 $160,000 480,000 180,000 720,000 150,000 975,000 0 Liam Ltd. Began work in Y7 on a contract for $960,000. Other details follow: Costs incurred during the year Estimated costs to complete as of December 31 Billings during the year Collections during the year Y7 Y8 $490,000 $160,000 480,000 180,000 720,000 150,000 975,000 0
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Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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