What are the two basic methods of accounting for longterm construction contracts? Indicate the circumstances that determine

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What are the two basic methods of accounting for longterm construction contracts? Indicate the circumstances that determine when one or the other of these methods should be used.

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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Question Posted: Oct 08, 2011 11:02 AM

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What are the two basic methods of accounting for longterm construction contracts? Indicate the circumstances that determine

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The two basic methods of accounting for longterm construction contracts are 1 The percentage...View the full answer

Intermediate Accounting

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