For the set of data given in Table Q11.1, calculate the revenue using the following methods of revenue recognition—(1) cash method of revenue recognition, (2) straight accrual method of revenue recognition, (3) completed contract method of revenue recognition, and (4) percentage of completion method of revenue recognition.

Table Q11.1 Data for Question 11 S. No. Description Amount (`)

1 Contract amount 2,000,000 2 Original estimated cost 1,800,000 3 Billed to date 1,500,000 4 Payments received to date 1,300,000 5 Costs incurred to date 900,000 6 Forecasted costs to complete 850,000 7 Costs paid to date 800,000