Sandlewood construction inc. recognizes revenue over time according to percentage of completion for its long-term construction contracts. in 2018, sandlewood began work on a $10,000,000 construction contract, which was completed in 2019. the accounting records disclosed the following data at the end of 2018: costs incurred $ 5,400,000 estimated cost to complete 3,600,000 progress billings 4,100,000 cash collections 3,200,000 in addition to accounts receivable, what would appear in the 2018 balance sheet related to the construction accounts?

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.