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Assignment Print Views X + > O O Merc/users/sand/OneDrive/Pictures/Assignment%20Print 20View.pdf of lo - + 9 % to per Papeview A Read out adott [The following
Assignment Print Views X + > O O Merc/users/sand/OneDrive/Pictures/Assignment%20Print 20View.pdf of lo - + 9 % to per Papeview A Read out adott [The following information applies to the questions displayed below] In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023 Information related to the contract is as follows 2023 $1,870,000 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2021 $2,550,000 5,950,000 2.050,000 1,825,000 2022 $4,250,000 1,700,000 4,750,000 4,100,000 3,200,000 4,075,000 Westgate recognizes revenue over time according to percentage of completion Award 2.00 points 3. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the contact (Do not round intermediate calculations.) Assignment Print Views x + 0 file:///C:/Users/SandI/OneDrive/Pictures/Assignment%20Print,20iwi.pdf 2 of 10 - + O t opage Pageview A Readed L Added Assignment Print View 2021 2022 Balance Sheet (Partial) Current assets: Current liabilities: medication.commodac r itidsingle Question posters View 13252712307 Assignment Print Views X + > O O Merc/users/sand/OneDrive/Pictures/Assignment%20Print 20View.pdf of lo - + 9 % to per Papeview A Read out adott [The following information applies to the questions displayed below] In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023 Information related to the contract is as follows 2023 $1,870,000 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2021 $2,550,000 5,950,000 2.050,000 1,825,000 2022 $4,250,000 1,700,000 4,750,000 4,100,000 3,200,000 4,075,000 Westgate recognizes revenue over time according to percentage of completion Award 2.00 points 3. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the contact (Do not round intermediate calculations.) Assignment Print Views x + 0 file:///C:/Users/SandI/OneDrive/Pictures/Assignment%20Print,20iwi.pdf 2 of 10 - + O t opage Pageview A Readed L Added Assignment Print View 2021 2022 Balance Sheet (Partial) Current assets: Current liabilities: medication.commodac r itidsingle Question posters View 13252712307
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