you osie uequised to prieposiearcount Showing the position of Contract30.4.2014 f1om the folowingprepare.Conteractonparticulass:Contsiact pece $1,00.000; matorials Sentto Site $ 32,350; lobbui engaged onBite $ 27.4L00: plont installed at site$5,650; Value of plont on 30, 4.2014$44.100; WorkHeceived $ 65,000; Costyot Cestilied $1700:0.Expenses $L200Cost of estabishment $ 1L, 625; 0/8$900: Moterials in hand $700: materialsloreturined to Stores $200: 0tect expenser.0/5 $100.Contified $7,500: Casht Ol 1o0nk done but.ofwages

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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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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See below information from exercise 12-9
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