Help Beavis Construction Company was the low bidder on a construction project to build an earthen dam for $1,810,000. The project was begun in 2017 and completed in 2018 Cost and other data are presented below Costs incurred during the year Estimated costs to conplete Billings during the yean Cash collections during the year $ 447,00e $1,118,099 1,043,0ee 485,800 1,485,896 385,8e0 1,505,809 Assume that Beavis recognizes revenue on this contract over time according to percentage of completion. Required: Prepare all ournal entries to record costs, bilings colletions, and proft recognition. Ofino entry ie required for a tensactioniew select "No journal entry required" in the first account field.) View transactlion list Journal entry worksheet Next >