Question: If u may please explain as well from where to get the numbers or inputs ,,, how did u solve it ?? Feb 30, ooo

If u may please explain as well from where to get the numbers or inputs ,,, how did u solve it ??

Feb 30, ooo Contract Assets-Example 2ntrac On January 1, 2014, Finn Company enters into a contract Sales Revenue to transfer Product A and Product B to Obermine Co. for $100,000. The contract specifies that payment of Product A will not occur until ProductBis also delvered. other words, payment will not occur untilboth Product A and Product B are CRI no ory Finn determines that standalone prices are $30,000 for Product A and $70.000 for Product B. Finn delivers Product A to Obermine on February 1, 2014, on March 1, 2014, Finn delivers Product B to What journal entries should Finn Company make in regards to this contract in 2014? R Contract Sales /Povenve Contract Assets-Example (cont.) On February 1, 2014 On March 1, 2014 16041

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