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5 Test e Tab C eno meducation ornhmtpr 2. 10.00 points MC Qu173 LO 05-09 Arizona Desert Homes (ADH) constructed.. Arnzona Desert Homes IADH) constructed

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5 Test e Tab C eno meducation ornhmtpr 2. 10.00 points MC Qu173 LO 05-09 Arizona Desert Homes (ADH) constructed.. Arnzona Desert Homes IADH) constructed a new subdivision during 2015 and 2016 under contract with Cactus Development Co. Relevant data are summarized below ontract amount 955000 2016 590000 785,000 ross pro 1.477500 1477.500 ADH recognizes revenue upon completion of the contract What is the journai entry in 2016 to record revernue? Construction in progress Cost of construction 390000 530,000 Revonue from 980,000 175,000 esc 2 4 tab

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