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The journal entries to recognise a gross loss during the year is: Cr. Construction in process; Dr. Gross loss; Dr. Construction revenue Dr. Construction in
The journal entries to recognise a gross loss during the year is: Cr. Construction in process; Dr. Gross loss; Dr. Construction revenue Dr. Construction in process; Dr. Gross loss; Cr. Construction revenue Cr. Construction in process; Cr. Gross loss; Dr. Construction revenue Dr. Construction in process; Cr. Gross Loss; Cr. Construction revenue
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