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Applying the Financial Statement Effects Template Note: For each account category, indicate the appropriate account name. Enter N/A for any account category that is not

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Applying the Financial Statement Effects Template Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction. Note: Indicate a decrease in an account category by including a negative sign with the amount. b. Prepare journal entries and t-accounts to record contract revenues and expenses for each year 2016 through 2018 using the cost-to-cost method

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