Question: contract #E 2 - D 2 , which provided for a contract price of $ 2 , 1 8 7 , 0 0
contract #ED which provided for a contract price of $ Other details follow: a Your answer is correct. What portion of the total contract price would be recognized as revenue in In Do not round intermediate calculations. Revenue recognized in $ Revenue recognized in $ eTextbook and Media List of Accounts Assuming the same facts as those above except that Cullumber uses the costrecovery method of accounting, what portion of the total contract price would be recognized as revenue in Reverue recognized in & List of Accounts c Your answer is partially correct. Prepare a complete set of journal entries for using the percentage ofcompletion methodCredit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account tities and enter Ofor the omounts. For costs incurred use account Moteriak, Cash. Payables. List all debit entries before credit entriesTo record cost of construction.
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