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In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in

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In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows 2018 2020 2019 $2,400,000 $3,600,000 $2,200,000 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 5,600,000 2,000,000 2,000,000 4,000,000 4,000,000 1,800,000 3,600,000 4,600,000 Westgate recognizes revenue over time according to percentage of completion 2-a. In the journal below, complete the necessary journal entries for the year 2018 (credit Various accounts' for construction costs incurred) 2-b.In the journal below, complete the necessary journal entries for the year 2019 (credit "Various accounts' for construction costs incurred). 2c. In the journal below, complete the necessary journal entries for the year 2020 (credit Various accounts' for construction costs incurred) Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 2c In the journal below, complete the necessary journal entries for the year 2018 (credit "Various accounts" for construction costs incurred). (If no entry is required for a traisaction/event, select No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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