Adriel Construction received a prepayment of $600,000 in March 2015 for a new building project. The project
Fantastic news! We've Found the answer you've been seeking!
Question:
Adriel Construction received a prepayment of $600,000 in March 2015 for a new building project. The project is 75% complete at financial year-end. Record the adjusting entry for financial year ending June 30, 2014 for Adriel.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: