In 2021, 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 2023. Information related to the contract is as follows:

	2021			2022			2023
Cost incurred during the year	$	2,640,000		$	2,300,000		$	2,926,000
Estimated costs to complete as of year-end		6,160,000			2,660,000			0
Billings during the year		2,080,000			2,860,000			5,060,000
Cash collections during the year		1,840,000			2,800,000			5,360,000

Westgate recognizes revenue over time according to percentage of completion.

2-a. In the journal below, complete the necessary journal entries for the year 2021 (credit "Various accounts" for construction costs incurred). 2-b. In the journal below, complete the necessary journal entries for the year 2022 (credit "Various accounts" for construction costs incurred). 2-c. In the journal below, complete the necessary journal entries for the year 2023 (credit "Various accounts" for construction costs incurred).

Journal entry worksheet

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2021

Journal entry worksheet

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2022

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2023