Question: Hello Vjvgoe please help with this problem I'm having trouble with it. In em E. the Westgats Cnnslructinn Ii'l'atrn'uulan'glI entered Inta a mmrast In ennstmst

Hello Vjvgoe please help with this problem I'm having trouble with it.

Hello Vjvgoe please help with this problem I'm having trouble with it.In em E. the Westgats Cnnslructinn Ii'l'atrn'uulan'glI entered Inta a mmrast Inennstmst a res-ad tar Santa Clara Gnu ntr far Ei. The readwas mmpistsd In 2MB. lnfnrmatlnn related In the senlrast Is as feliaws:2015 201? 311! East incurred during the year El HEBREW $2.543 Estimated

In em E. the Westgats Cnnslructinn Ii'l'atrn'uulan'glI entered Inta a mmrast In ennstmst a res-ad tar Santa Clara Gnu ntr far Ei. The read was mmpistsd In 2MB. lnfnrmatlnn related In the senlrast Is as feliaws: 2015 201? 311! East incurred during the year El HEBREW $2.543 Estimated nests tn samplate as swear-end 5.323.000 RESIDIJEIEI El Billings durlng the year 2,1D.DIIi assume EJEIDHDEI Cash neilamlnns durlng the year Im 2.T. 5.420.DUEI Westgats rsmgnizss revenue ever time aemrdlng ta percentage at mmpistinn. Required: 1. l[Stalemate the amnunt nf menus and gross prdilt ln be redngnlzed In each at Ihe litres rears. [De net mund Intermediate calculatldns. Less arndunts shduld lee Indicated with a minus sign.) --- --_ 2-1 In tJ'Iejeurnal hslnw, namplals tJ'Is neesssaryjaurnal entries fer the year 201s {credit "u'arleus ammunts' fer mnstruntlnn nests Inmrred). {if rid entry ls required fer a transaI:tlIzli'm'ue'lrentr select "He jnu rnal entry required" in the first aeeeunl I'Ield.] 1 Record ennstrueiinn nests. 2 Reenrd progress billings. El Reenrd sash mlleenris. \\N\\\\ 4 Record grass pret. \f21:. In tJ'IeJournal below, oomplala the necessary journal enlrlae for the year 2013 {oradlt "u'lanoua aooounta' for oonatmoon ooata Incurred}. {If no entryI ls required for a tranaaotloI'Iu'a'u'orltr aoloot "No journal entry required" in than first account l'Iald.) tramon list . ' . Remrd construction costs. Retard progress billings. Renard cash oollecljorta. Reoord gross prot. Mote : . = journal El'ltr'f has been entered 3. [template the Intern-tatJen required belcw tp prepare a partial balance sheet fer EDIE and 311? chewing any Iterne related tn the contract. Indicate whether any efthe arnpunte ehewn are pennant aeeete er pentract liabilities. [De net reund intermediate calculatieneJ Curranwamlmas: ____ It. calculate the arrlpunt ef revenue and greee prptIt he he repugnlzed In each cf the three reare aeeun'tlng the fDIiWII'IQ caste Incurred and meta ta cerrtplele Inermatiuen. [De net reund Intermediate calcuietlene and reund yeur final anewere te the nearest whale duller ameunt. Leee ameunte eheuld be Indicated with a minus elgnJ 21115 2'01? 211"! eet incurred during the year EEIITEIIDD Elm HEBREW Estimated mete tct pprnplete ae pfyear-end semen-e 3.1M El Revenue --_ --- 5. Calculata ma amaurrt Inf manna and grass pram la ha ramgnlzad In aach af Iha mraa y'aara aaaumlng lha fallawlng msla lnwrrad and mala Ia mmplala lnfamraIi-nn. [Du not raund lntarmadlata calculatlnru and mund ynur nal answara In 111: manual wl'lnla dullar amnu nL Luau amaunta aha-"Id ha Indlmtad \"\"1 a minus algnJ 3116 2011 2111!! East lmurrad durlng The rear semanm Elli-EDDIE HJMBUD Eall matacl mall; ta mmplata aa afyaarantl Eim 4.26-D El --- --

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