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4. Journalize all necessary entries for the XYZ Construction Co. for the year 2019: construction cost $500,000; estimated cost to complete 51,000,000, billings for the

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4. Journalize all necessary entries for the XYZ Construction Co. for the year 2019: construction cost $500,000; estimated cost to complete 51,000,000, billings for the year $300,000, collections for the year 5200,000; the contract price $2,000,000; 2019 first year of the contract

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