Business, 18.04.2020 04:35 iloading5117
Eilert Construction Company had a contract starting April 2021, to construct a $42,000,000 building that is expected to be completed in September 2022, at an estimated cost of $38,500,000. At the end of 2021, the costs to date were $17,710,000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $8,400,000 and the cash collected during 2021 was $5,600,000. Eilert uses the percentage-of-completion method. At December 31, 2021, Eilert would report Construction in Process in the amount of:.
a. $0.
b. $1,475,833.
c. $1,610,000.
d. $1,890,000.
Answers: 1
Business, 22.06.2019 03:00, crobinson7206
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
Business, 22.06.2019 20:30, andrejr0330jr
Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)
Answers: 3
Eilert Construction Company had a contract starting April 2021, to construct a $42,000,000 building...
Mathematics, 22.08.2019 17:00
Mathematics, 22.08.2019 17:00
Social Studies, 22.08.2019 17:00
Social Studies, 22.08.2019 17:00
Social Studies, 22.08.2019 17:00