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Syarikat Pembinaan AA began operations on January 1,2021 . The information for two different projects in the year 2021 is as follows. The job was
Syarikat Pembinaan AA began operations on January 1,2021 . The information for two different projects in the year 2021 is as follows. The job was completed in 2022. Required: a) Prepare a schedule showing the revenue and gross profit of all projects to be recognized for 2021 using the percentage-of-completion method. b) Prepare journal entries to record revenue and gross profit of Project B for the year 2021
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