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Partha Corp. sold widgets, to Devra, Inc. for $236,800 on June 1, 2020. The widgets cost Partha Corp. $113,664. According to the terms of the
Partha Corp. sold widgets, to Devra, Inc. for $236,800 on June 1, 2020. The widgets cost Partha Corp. $113,664. According to the terms of the sale, Devra, Inc. is to pay Partha Corp. $57,450 at the end of 2020, $81,350 at the end of 2021, and $98,000 at the end of 2022. Leave no cells blank. Do not round intermediate calculations, and round all final answers to the nearest dollar. 2021 2022 81,350 $ 98,000 2021 2022 Collection Year: 2020 Amount Collected $ 57,450 $ Cost Recovery Method Collection Year: 2020 Cost recovered GP recognized under Cost Recovery Cost yet to be recovered Balance in Deferred GP under Cost Recovery Method Installment Method Collection Year: 2020 GP recognized under Installment Method Balance in Deferred GP under Installment Method Generally Accepted Accounting Principles Collection Year: 2020 GP recognized under GAAP Balance in Deferred GP under GAAP 2021 2022 2021 2022 Partha Corp. sold widgets, to Devra, Inc. for $236,800 on June 1, 2020. The widgets cost Partha Corp. $113,664. According to the terms of the sale, Devra, Inc. is to pay Partha Corp. $57,450 at the end of 2020, $81,350 at the end of 2021, and $98,000 at the end of 2022. Leave no cells blank. Do not round intermediate calculations, and round all final answers to the nearest dollar. 2021 2022 81,350 $ 98,000 2021 2022 Collection Year: 2020 Amount Collected $ 57,450 $ Cost Recovery Method Collection Year: 2020 Cost recovered GP recognized under Cost Recovery Cost yet to be recovered Balance in Deferred GP under Cost Recovery Method Installment Method Collection Year: 2020 GP recognized under Installment Method Balance in Deferred GP under Installment Method Generally Accepted Accounting Principles Collection Year: 2020 GP recognized under GAAP Balance in Deferred GP under GAAP 2021 2022 2021 2022
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