You bse iequiued to account Showing the position of Contract 20. 4. 2014 fecom the folloowing particulare: prepare. Contsract on Conteract psiice $1,00.000; matorials Sent to site $ 32,350: lobour engaged tn Site $ 27.L00: plont installed af site $5,650;value of plont on 30. 4. 2016 244.100; W0rk Contified $71,500: Cash received $ 65,000; Cost Ol wook done but. not Cesrtilied $,700: P. Expenses $L200;- Cost 0 estabishment $ 1L. 625: 0/8 wages $900: Materials in hand $ 700: material s ereturined to Stores $20o: Drect expenser 0/5 $100.
You bse iequiued to account Showing the position of Contract 20. 4. 2014 fecom the folloowing particulare: prepare. Contsract on Conteract psiice $1,00.000; matorials Sent to site $ 32,350: lobour engaged tn Site $ 27.L00: plont installed af site $5,650;value of plont on 30. 4. 2016 244.100; W0rk Contified $71,500: Cash received $ 65,000; Cost Ol wook done but. not Cesrtilied $,700: P. Expenses $L200;- Cost 0 estabishment $ 1L. 625: 0/8 wages $900: Materials in hand $ 700: material s ereturined to Stores $20o: Drect expenser 0/5 $100.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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![you osie uequised to prieposie
arcount Showing the position of Contract
30.4.2014 f1om the folowing
prepare.
Conteract
on
particulass:
Contsiact pece $1,00.000; matorials Sent
to Site $ 32,350; lobbui engaged on
Bite $ 27.4L00: plont installed at site
$5,650; Value of plont on 30, 4.2014
$44.100; Work
Heceived $ 65,000; Cost
yot Cestilied $1700:0.Expenses $L200
Cost of estabishment $ 1L, 625; 0/8
$900: Moterials in hand $700: materials
loreturined to Stores $200: 0tect expenser.
0/5 $100.
Contified $7,500: Cash
t Ol 1o0nk done but.
of
wages](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F443ce76e-9966-4a7c-b77b-dab587c15634%2Fa47be579-7535-4c55-8adf-364fe0e4e45d%2F80vk8yl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:you osie uequised to prieposie
arcount Showing the position of Contract
30.4.2014 f1om the folowing
prepare.
Conteract
on
particulass:
Contsiact pece $1,00.000; matorials Sent
to Site $ 32,350; lobbui engaged on
Bite $ 27.4L00: plont installed at site
$5,650; Value of plont on 30, 4.2014
$44.100; Work
Heceived $ 65,000; Cost
yot Cestilied $1700:0.Expenses $L200
Cost of estabishment $ 1L, 625; 0/8
$900: Moterials in hand $700: materials
loreturined to Stores $200: 0tect expenser.
0/5 $100.
Contified $7,500: Cash
t Ol 1o0nk done but.
of
wages
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