During $2020,$ Danico Construction started a new construction job with a contract price of $$830$

million. Danico has determined that revenue recognition over time based on the percentage of

completion is appropriate for this long term contract. The contract was completed on $12/31/22$ with

the following information $($ $ in millions$)$:

$1$a$.$ Provide Danico's journal entries for transactions during $2020$ and adjusting journal entries at $12/31/2020.$In the left column, label journal entries $($JE$)$ and label adjusting journal entries $($AJE$)$