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16-05-2023
Business

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A-TMI Construction Company has a contract to construct a €4,000,000 bridge at an estimated cost of €3,000,000. The contract is to start in July 2014, and the bridge is to be completed in October 2016. The following data pertain to the construction period.
Related cost is as following
2016 2105 2014
$500000 $1800000 $700000. Required You are required to journalize the revenues recognition entries during the contract period

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