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Help me answer this please. From the book of millan 'Zero-profit method' 13. Use the information in the preceding problem except that Devin Co. cannot

Help me answer this please. From the book of millan

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'Zero-profit method' 13. Use the information in the preceding problem except that Devin Co. cannot reasonably measure the outcome of the performance obligation but expects to recover all contract costs incurred (i.e., ignore the 'estimated costs to complete'). Requirements: a. Compute for the gross profits, revenues and costs of construction in 20x1, 20x2 and 20x3, respectively. JJI Provide the journal entries under (i) traditional accounting and (ii) PFRS 15. Determine the amounts presented in the financial statements

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