Curtis Construction Company. Inc, entered into force contract with Aero Associates any 2021 to constructs for story office building. At that time. Cussed that take between two and three years to congleterre project the total contract price for construction of the bugs $6.020.000 The building was completed on December 2003 percentage of completion cumulated contract costs incurred,estmated costs to complete the correct and accumulated into Aerod under the contract were as follow erage of Conte corrette Tiedotta complete stored to be 5.000 39,234,0 35,457,00 1,314,000 2,156,00 Required t. Compute gross profit ortos to be recognized as a result of contra fecharme ve years Cuscous satte 2. Assumine Curtis recognizes revenue over time according to petertage of completion. Computers protrons to be 3. Assuming Curtis recognizes revenue over time according to percentage of completion.compute me amount o be shown in the balance sheet at the end of 2021 ano 2022 as the cost in excess of being in excess of costs Complete this question to entering your answers in the tabs below. Red 1. Como gross prior to be recognised as a result of this contract for each of the three years. Ouris conduce the contract does not qually for recognition over time 2. Admin Curth recognitive over time according to percentage of completion, computer profit or low to be recognized in each of the three years to cell Bank De certain to enter wherever grad.com huld be indicated with Per Greece Greenlace Year 2020 222 2021 Toro 03 Curtis Construction Company. Inc, entered into force contract with Aero Associates any 2021 to constructs for story office building. At that time. Cussed that take between two and three years to congleterre project the total contract price for construction of the bugs $6.020.000 The building was completed on December 2003 percentage of completion cumulated contract costs incurred,estmated costs to complete the correct and accumulated into Aerod under the contract were as follow erage of Conte corrette Tiedotta complete stored to be 5.000 39,234,0 35,457,00 1,314,000 2,156,00 Required t. Compute gross profit ortos to be recognized as a result of contra fecharme ve years Cuscous satte 2. Assumine Curtis recognizes revenue over time according to petertage of completion. Computers protrons to be 3. Assuming Curtis recognizes revenue over time according to percentage of completion.compute me amount o be shown in the balance sheet at the end of 2021 ano 2022 as the cost in excess of being in excess of costs Complete this question to entering your answers in the tabs below. Red 1. Como gross prior to be recognised as a result of this contract for each of the three years. Ouris conduce the contract does not qually for recognition over time 2. Admin Curth recognitive over time according to percentage of completion, computer profit or low to be recognized in each of the three years to cell Bank De certain to enter wherever grad.com huld be indicated with Per Greece Greenlace Year 2020 222 2021 Toro 03
