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During 2023, Sheridan Company started a construction job with a contract price of $1,760,000. The job was completed in 2025 . The following information is
During 2023, Sheridan Company started a construction job with a contract price of $1,760,000. The job was completed in 2025 . The following information is available. The contract is non-cancellable. Prepare all necessary journal entries for 2024. (Use Materials, Cash, Payables for costs incurred to date.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries.)
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