Question: can I please get help with this question Low Beam Construction Company was awarded a contract to construct a multi-storey office building in Vancouver, British

can I please get help with this question

Low Beam Construction Company was awarded a contract to construct a multi-storey office building in Vancouver, British Columbia at a total contract price of $24,000,000. The estimated total costs for the project were $18,000,000. The project was completed in 2024 . The following outlines results over 3 years: Required Prepare all journal entries required for the first 2 years of this 3-year project. Date your entries December 31, 2022 and December 31, 2023. Use the percentage of completion method and the Contract Asset/Liability approach, as per IFRS 15. (20 marks)

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