Now, assume that for 2023, the company uses the completed contract method instead of percent complete. 4. What is the balance in the company's CIP account on 12/31/23 if they had used the completed contract method? The CIP will only get hit once during the year under the completed contract method, and it won't be by profits. 5. What is the balance in the company's retained earnings account on 12/31/23 if they had used completed contract method? 6. Based on all your previous answers, summarize for me which BALANCE SHEET accounts are di and by how much on 12/31/23, if the company used percent complete instead of completed contract.

Now, assume that for 2023 , the company uses the completed contract method instead of percent complete. 4. What is the balance in the company's CIP account on 12/31/23 if they had used the completed contract method? The CIP will only get hit once during the year under the completed contract method, and it won't be by profits. 5. What is the balance in the company's retained earnings account on 12/31/23 if they had used completed contract method? Based on all your previous answers, summarize for me which BALANCE SHEET accounts are d and by how much on 12/31/23, if the company used percent complete instead of completed contract