Week 9 Tutorial Solutions

• ANU College of Business & Economics
• Not Applicable
• BUSN3008 - Financial Reporting for Corporations

Resource Sample

Tutorial Week 9 Construction Contracts Deegan, Chapter 16, Q.13 16.13 (a) Contract price Less estimated cost: Costs to date Estimated costs to complete Estimated total cost Estimated total gross profit Per cent complete 2009 2010 2011 $10 000 000 $10 000 000 $10 000 000 2 500 000 5 500 000 8 000 000 $ 2 000 000 31.25% 6 500 000 1 500 000 8 000 000 $ 2 000 000 81.25% 8 000 000 _________ 8 000 000 $2 000 000 100% Gross profit recognised pursuant to the percentageo...

Resource Topics

• Account
• Generally Accepted Accounting Principles

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