Following s the infornaation ueloting doa Conteiact. Cont siact pake. Raw moterials wages amount $ 6,00000. 1020,000 L,60,000 Bub-(ontsiact 5,000 plant matesials tsians Louued to othor 20,000 2,000 Cont'siact. 7.600 4oneral expenses At the end the Contsiactee wos $2,5o.000 being 807% Contified, yalue the year was $ 18,000. plant do be depsieciated at 20%. PHepaue Contsiact account. the year, Cash sereived f moterials unused ot the ed
Following s the infornaation ueloting doa Conteiact. Cont siact pake. Raw moterials wages amount $ 6,00000. 1020,000 L,60,000 Bub-(ontsiact 5,000 plant matesials tsians Louued to othor 20,000 2,000 Cont'siact. 7.600 4oneral expenses At the end the Contsiactee wos $2,5o.000 being 807% Contified, yalue the year was $ 18,000. plant do be depsieciated at 20%. PHepaue Contsiact account. the year, Cash sereived f moterials unused ot the ed
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 3SEQ
Related questions
Question
![Following s theinfornaotion
Conteiact.
sueloting da
amount $
Contsact paiice.
Raw moterials
wages
Sub-(ontsiact
plant
matesials tsians ļ 0uued to othor
6,00,000
120,000
Li60,000
5,000
20,000
2.000
Cont'siact.
4oneral expenses
At the end01 the , Cash rereived fm
the Contsiactee wos $250.O00 being 80%% of wa
Contified, yalue
| the year was $ 18,000. plant do be
depsieciated at 20%. DHepaue (onteiact
account.
7.600
year,
to
motorials unused at he ond
Contsiact.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F443ce76e-9966-4a7c-b77b-dab587c15634%2Fd6728fb9-1f3f-439b-b5ac-499bbe06bc91%2Fup0u8xs_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Following s theinfornaotion
Conteiact.
sueloting da
amount $
Contsact paiice.
Raw moterials
wages
Sub-(ontsiact
plant
matesials tsians ļ 0uued to othor
6,00,000
120,000
Li60,000
5,000
20,000
2.000
Cont'siact.
4oneral expenses
At the end01 the , Cash rereived fm
the Contsiactee wos $250.O00 being 80%% of wa
Contified, yalue
| the year was $ 18,000. plant do be
depsieciated at 20%. DHepaue (onteiact
account.
7.600
year,
to
motorials unused at he ond
Contsiact.
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