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Clipboard x ndo fx A 3 c In the Year 666 the Vadar Construction Company entered into a contract with the Township Of Tatooine to

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Clipboard x ndo fx A

3 c In the Year 666 the Vadar Construction Company entered into a contract with the Township Of Tatooine to build a Pod-Racing Stadium for 10 million Dl The stadium was completed in the yeary 668. 6 7 Icosts incurred during the year 8 iEstimated costs to complete (12/31) s *billings to Township of Tatooine psh collected from Tatooine Informaiton related to the construction ofthe stadium is as follows: Year 667 12 'Vada' recognizes revenue using the percentage of completion method REQUIRED: Part 1: revenue gross profit Fill in the table for the 3 years of construction for Vadar 667 PART 2: MAKE THE NECESSARY JOURNAL ENTRIES FOR VADAR FOR THE YEAR 666

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