The following particulars relate to a contract undertaken by a firm of engineers.

      

The following particulars relate to a contract undertaken by a firm of engineers.


The contract price has been agreed at 250,000.
Cash received from the contractee was 180,000

You are required:
(a) To prepare contract showing profit, prepare contractee’s a/c
(b) Balance sheet extract

  

Answers

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Wilfykil answered the question on April 16, 2019 at 05:48

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