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Multiple Choice Texas Custom Homes (TCH) constructed a new subdivision during 2023 and 2024 under contract with Oberst Development Company. Relevant data are summarized below:
Multiple Choice Texas Custom Homes (TCH) constructed a new subdivision during 2023 and 2024 under contract with Oberst Development Company. Relevant data are summarized below: TCH recognizes revenue over time with respect to these contracts. What would be the journal entry made in 2023 to record revenue
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