The construction in progress account is used to accumulate all costs of construction. What additional item is

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The construction in progress account is used to accumulate all costs of construction. What additional item is included in this account when percentage-of-completion accounting is followed?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 28, 2012 06:08 AM

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The construction in progress account is used to accumulate all costs of construction. What additional item is

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Intermediate Accounting

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