Question: contract #E 2 - D 2 , which provided for a contract price of $ 2 , 1 8 7 , 0 0

contract \#E2-D2, which provided for a contract price of \$2,187,000. Other details follow: (a) Your answer is correct. What portion of the total contract price would be recognized as revenue in 2025? In 2026?(Do not round intermediate calculations.) Revenue recognized in 2025\$ Revenue recognized in 2026\$ eTextbook and Media List of Accounts Assuming the same facts as those above except that Cullumber uses the cost-recovery method of accounting, what portion of the total contract price would be recognized as revenue in 2026? Reverue recognized in 2026\& List of Accounts (c)- Your answer is partially correct. Prepare a complete set of journal entries for 2025(using the percentage- of-completion method).(Credit 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 entries)(To record cost of construction.)
contract \ #E 2 - D 2 , which provided for a

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