Prepare a complete set of journal entries for $2025($using the percentage$-$of$-$completion method$).($Credit account t$/$tles are automatically indented when amount is entered. Do not indent manually. If no entry is requilred, select $"$No Entry" for the account titles and enter $0$ for the amounts. For costs incurred use account Materials, Cash, Payables. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

Construction in Process

$($To record cost of construction.$)$

Accounts Receivable

$($To record progress billings.$)$

$($To record collections.$)$

Construction in Process