Required information [The following information applies to the questions displayed below] In 2024, the Westgate 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: 2024 $ 2,400,000 5,600,000 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year Westgate recognizes revenue over time according to percentage of completion. 2,000,000 1,800,000 2025 $ 3,600,000 2,000,000 4,000,000 3,600,000 2026 $ 2,200,000 0 4,000,000 4,600,000 2-a. In the journal below, complete the necessary journal entries for the year 2024 (credit "Cash, Materials, etc." for construction costs incurred) 2-b. In the journal below, complete the necessary journal entries for the year 2025 (credit "Cash, Materials, etc." for construction costs incurred) 2-c. In the journal below, complete the necessary journal entries for the year 2026 (credit "Cash, Materials, etc." for construction costs incurred)

Required information (The following information applies to the questians displayed below] In 2024, the Westgate Construction Company entered into a contract to construct a road for Santa Oar a County for $10,000,000 The road was cornoleted in 2026 informition related to the contract is as follows Westgute iecognizes revenue over time according to percentage of completion: 2.a. In the joumal below, complete the necessaly journa' entries for the yeim 2024 (ciedt "Cach, Macenals, etc" for construction cons incuried) incuited incurted Required information The following information applies to the questions displayed below] In 2024, the Westgate 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 Westgate recognizes revenue over time according to percentage of completion 2. a. In the joutnal below, complete the necessary joumal entries for the year 2024 ficreat "Cash, Materials, etc" for construction costs ncurted) 2-b. In the journal below, complete the necessary journal entries for the year 2025 (credit " Cach, Moterials etc" for construction costs incuted) 2.c. In the joutnal below, complete the necescary joumal entries for the year 2026 (credit "Cash, Materials, etc "for construction costs incurted)