b. Show the balance sheet accounts at December 31. 2000 re- sulting from the contract under the
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b. Show the balance sheet accounts at December 31. 2000 re- sulting from the contract under the (i) Percentage-of-completion method (ii) Completed contract method
c. Assume that total projected costs increase by $100.000 and the change in estimate is made at December 31, 2001. Com pute the revenue and pretax income for 2001 under the re- vised assumption
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Related Book For 
The Analysis And Use Of Financial Statements
ISBN: 9780471375944
3rd Edition
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
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