Project financial data Candy store project Toy store project Ice rink project Contract amount $5,000,000 * $5,000,000 $5,000,000 Original estimated cost 4,700,000 4,800,000 4,850,000 Billed to date 1,700,000 1,700,000 1,700,000 Payments received to date 1,530,000 1,530,000 1,530,000 Cost incurred to date 1,450,000 1,350,000 1,550,000 Forecasted cost to complete 3,500,000 3,400,000 3,100,000 Costs paid to date 1,400,000 1,400,000 1,400,000

Project financial data Candy store project Toy store project Ice rink project Contract amount $5,000,000 * $5,000,000 $5,000,000 Original estimated cost 4,700,000 4,800,000 4,850,000 Billed to date 1,700,000 1,700,000 1,700,000 Payments received to date 1,530,000 1,530,000 1,530,000 Cost incurred to date 1,450,000 1,350,000 1,550,000 Forecasted cost to complete 3,500,000 3,400,000 3,100,000 Costs paid to date 1,400,000 1,400,000 1,400,000

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 2.1C

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