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can someone please explain how to fill in the numbers for the journal entries? Question 15 of 16 Anti Dropdown 0.5/1 View Policies Show Attempt
can someone please explain how to fill in the numbers for the journal entries?
Question 15 of 16 Anti Dropdown 0.5/1 View Policies Show Attempt History Current Attempt in Progress Question 7 Account OP Questions Accounting Umu Cullumber Construction Company uses the percentage-of-completion method of accounting. In 2020, Cullumber began work under contract E2-D2, which provided for a contract price of $2.214.000. Other details follow Questions Accep 2020 2021 $618,540 $1.422,000 Question 10 Accounting Munt 967460 -0- Costs incurred during the year Estimated costs to complete, as of December 31 Billings during the year Collections during the year 420.000 2214.000 Question 11 352.000 1.502.000 Question 12 Accounting OPartner (a) Question 13 Accounting Me 0 Om Question 14 AM 0.5 Oma Your answer is partially correct Question 15 of 16 05/1 Account Titles and Explanation Question UNE Debit Credit Questions MC (To record cost of construction) A. Question 10 T! Barce Question 11 To record progressings> 17 Question 12 0.96 To record collection) Quran MAM ON O Commons Custion 0.99 Viewing question 15 05/1 Refren (To recognize revenue Question 16 71 Step by Step Solution
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