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In 2012 Gurney Construction Company agreed to construct an apartment building at a price of $1,284,000. The information relating to the costs and… In 2012 Gurney Construction Company agreed to construct an apartment building at a price of $1,284,000. The information relating to the costs and billings for this contract is shown below. 201220132014Cost incurred to date$299,600$642,000$839,950Estimated costs yet to be incurred556,400214,000-0-Customer billings to date160,500535,0001,284,000Collection […]

In 2012 Gurney Construction Company agreed to construct an apartment building at a price of $1,284,000. The information relating to the costs and… In 2012 Gurney Construction Company agreed to construct an apartment building at a price of $1,284,000. The information relating to the costs and billings for this contract is shown below. 201220132014Cost incurred to date$299,600$642,000$839,950Estimated costs yet to be incurred556,400214,000-0-Customer billings to date160,500535,0001,284,000Collection […]

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