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Required information Problem 6-10 (Algo) Long-term contract; revenue recognition over time [LO6-8, 6-9] [The following information applies fo the questions disployod below] in 2024, the

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Required information Problem 6-10 (Algo) Long-term contract; revenue recognition over time [LO6-8, 6-9] [The following information applies fo the questions disployod below] in 2024, the Wostgote Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2026 . Information related to the contract is as follows: Wostgate recognizes revenue over time according to percentage of completion. Problem 6.10 (Algo) Part 2 2-a, in the joumal below, complete the necessary journal entries for the year 2024 (credit "Cosh, Materials, etc" for construction costs incurred) 2b. In the journal below, complete the necessary journal entries for the year 2025 (credit "Cash, Materiais, etc: for construction costs incurreds 2 - . in the joumal below, complete the necessary journal entries for the year 2026 (credit "Cash, Materials, etc." for construction costs incurred? Complete this question by entering your answers in the tabs below. In the joumal below, complete the necessary journal entries for the year 2024 (credit "Cash, Materials, etc." for construction costs incurred). Note: if ho entry is required for a transactionvevent, select "No journal entry required" in the first account field. In the youme: below, complete the necessary foumal entines for the vear 2024 (credit "Cash, Materials, etc: "for construction costs incurred). Nobe: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Journal entry worksheet Record construction costs. before credia

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