Question: 1 e . If this construction contract had not qualified for revenue recognition over time, what would Danico have recorded for adjusting journal entries in
e If this construction contract had not qualified for revenue recognition over time, what would
Danico have recorded for adjusting journal entries in Reminder:
Explanationscalculations are required. Assume all journal entries in and were properly
recorded.
f If this construction contract had not qualified for revenue recognition over time, what would
Danico have recorded in at completion of the contract? Assume journal entries,for transactions
prior to completion, were properly recorded. Reminder: Explanationscalculations are required T
accounts might be helpful to support answer here
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