Q25. what is the cumulative effect of the contract on the cash balance that would have been recorded on the company's balance sheet at the end of yeas 2 using the: Percentage-completion method? Completed contract method? A,. $400,000 $ 0 B. $400,000 $400,000 C. $2,800,000 $0 D. $2,8000,000 $400,000
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