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Cloud Bing Yahoo Googe Arizona Desert Homes (ADH) constructed a new subdivision during 2017 and 2018 under contract with Cactus Development Co. Relevant data are

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Cloud Bing Yahoo Googe Arizona Desert Homes (ADH) constructed a new subdivision during 2017 and 2018 under contract with Cactus Development Co. Relevant data are summarized below Contract amount Cost: 2,595,000 2017 1,110,000 510,000 665,000 310,000 Contract billings 2017 1,297,500 2018 1,297,500 2018 2017 2018 Gross profiti ADH recognizes revenue upon completion of the contract What is the journal entry in 2018 to record revenue? Mutiple Choice MacBook Air 5 6

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