Required information Problem 6-10 (Static) Long-term contract; revenue recognition over time [LO6-8, 6-9] [The following information applies to the questions displayed below.] In 2021, the Westgate Construction Company enterent lat. . sntract to construct a road for S , isy for $10 , 000 , 000 . The road was completed in 2023. ied to the contract is as follows. Westmatn ramanizes revenue over time according to percentage of completion. Journal entry worksheet Record construction costs. Note: Enter debits before credits. Journal entry worksheet 4 Record progress billings. Note: Enter debits before credits. Journal entry worksheet 1 Record cash collectins. Note: Enter debits before credits. Journal entry worksheet 1 Record gross profit (loss). Note: Enter debits before credits