Question: QUESTION 3 ( 5 marks ) Redding Construction ( Pty ) Ltd is a company that builds designer offices for its niche clientele. Redding Construction

QUESTION 3(5 marks) Redding Construction (Pty) Ltd is a company that builds designer offices for its niche clientele. Redding Construction (Pty) Ltd is a party to a contract with a customer, Precision Investments (Pty) Ltd. Redding Construction (Pty) Ltd is contracted to build an office in Cape Town. The construction time is estimated to be 3 years. The consideration for the office is R50000000 and the cost is estimated at R35000000. Redding Construction (Pty) Ltd incurred and paid the following construction costs up to the end of year 2: REQUIRED
QUESTION 3 ( 5 marks ) Redding Construction ( Pty

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