Profit on a contract is not realised until completion of the contract. Discuss.

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‘Profit on a contract is not realised until completion of the contract.’ Discuss.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: Nov 04, 2022 01:25 AM

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Profit on a contract is not realised until completion of the contract. Discuss.

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Contracts are typically not completed until all of the agreedupon terms have been fulfilled This me...View the full answer

Financial Accounting And Reporting

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