Accounting Homework Help
Question 2 During 2014, Antoinette started a construction jobwith a contract price of $2.8 million. The job was completed in2016 and information for the three years of construction is asfollows:
2014 2015 2016
Costs incurred to date $1,230,000 $1,765,000 $1,965,000
Estimated costs to complete 850,000 175,000 –0–
Billings to date 1,000,000 1,880,000 2,800,000
Collections to date 710,000 1,720,000 2,800,00 ...
Pending
Not Available
16 Oct 2017
Expiry Date: 16 Oct 2017