The following information applies to the questions displayed below.] In 2021, 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 2023. Information related to the contract is as follows:

	2021			2022			2023
Cost incurred during the year	$	2,291,000		$	3,555,000		$	2,259,400
Estimated costs to complete as of year-end		5,609,000			2,054,000			0
Billings during the year		2,110,000			3,736,000			4,154,000
Cash collections during the year		1,855,000			3,500,000			4,645,000

Westgate recognizes revenue over time according to percentage of completion.

2-a. In the journal below, complete the necessary journal entries for the year 2021 (credit "Various accounts" for construction costs incurred). 2-b. In the journal below, complete the necessary journal entries for the year 2022 (credit "Various accounts" for construction costs incurred). 2-c. In the journal below, complete the necessary journal entries for the year 2023 (credit "Various accounts" for construction costs incurred).

• Req 2A
• Req 2B
• Req 2C

In the journal below, complete the necessary journal entries for the year 2021 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2021

• Req 2A
• Req 2B
• Req 2C

In the journal below, complete the necessary journal entries for the year 2022 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2022

• Req 2A
• Req 2B
• Req 2C

In the journal below, complete the necessary journal entries for the year 2023 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

• Record construction costs.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
2023