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Bramble Construction Company began work on a $ 4 1 5 , 0 0 0 construction contract in 2 0 2 0 . During 2
Bramble Construction Company began work on a $ construction contract in During Bramble incurred costs of $ billed its customer for $ and collected $ At December the estimated additional costs to complete the project total $
Prepare Bramble's journal entry to record profit or loss, if any, using a the percentageofcompletion method and b the completedcontract methad. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the amounts. Round answers to decimal places, eg
No Account Titles and Explanation
Debit
Credit
a
b
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