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3510211 1 week ago
Pretty sure this is the percentage of completion method not the completed contract method???
3510211 1 week ago
Hi Mr. Boyd, I am a little confused. Isn't this illustration the percentage of completion method?
semonia100 3 months ago
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@semonia100 I agree. You should only be recognizing revenue and gross profit in 2012. Hence, completed contract method.
3510211 1 week ago
ty this was informative.
Legendaryxxx 4 months ago
should not the expense and the revenue be closed at the end of the each year when incurred/realized to income summary??
s33dasac 1 year ago