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In 2 0 2 4 , Long Construction Corporation began construction work under a three - year contract. The contract price is $ 2 ,
In Long Construction Corporation began construction work under a threeyear contract. The contract price is $ Long recognizes revenue over time according to percentage of completion for financial reporting purposes. The financial statement presentation relating to this contract at December is as follows: tableBalance SheetAccounts receivable from construction progress billings$
In Long Construction Corporation began construction work under a threeyear contract. The contract price is $ Long recognizes revenue over time according to percentage of completion for financial reporting purposes. The financial statement presentation relating to this contract at December is as follows:
tableBalance SheetAccounts receivable from construction progress billings$
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