Indicate how you would deal with the following items: (a). Plant and machinery pruchased and used on
Question:
Indicate how you would deal with the following items:
(a). Plant and machinery pruchased and used on contract work.
(b). Amounts received from contractee.
(c). Materials lying unused at site.
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Dealing with the following items in a contract costing system involves appropriate accounting treatm...View the full answer
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