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Revenue Recognition Over time: LONG TERM CONTRACTS During 2013 Nilsen Company started a construction job with a contract price of $2.000.000 The job was completed
Revenue Recognition Over time: LONG TERM CONTRACTS During 2013 Nilsen Company started a construction job with a contract price of $2.000.000 The job was completed in 2015. The following information is available; Compute the amount of Revenue To Be Recognized each year using Percentage of completion method (Show Computations). Completed contract method
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