BE 6.32 – Cady Construction

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Given the account balance, the CIP, the contract balance, and the billings account... find the amount of contract asset and/or contract liability for the balance sheet.

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  • Search Terms: $, $ $, $,. (cip) , . a account amount and and/or another as asset balance billings cady cip construction contract december for has in indicate its job liability liability? of on one or progress sheet. sheet. as show that the which would
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