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The Quinlan Construction Company began work on a three-year contract in 2015. In 2015, Collections were less than Billings, which were less than Costs plus

The Quinlan Construction Company began work on a three-year contract in 2015. In 2015, Collections were less than Billings, which were less than Costs plus Gross Profit recognized. In what section would the Billings account appear in the financial statements?

Select one:

a. Current Assetsb. Current Liabilitiesc. Noncurrent Assetsd. Noncurrent Liabilities

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