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Join date: Sep 25, 2021
Posts (74)
Apr 11, 2025 ∙ 2 min
Contract Assets and Contract Liabilities Part II
So, how do you determine if conditional retainage is included (presented) in contract assets or contract liabilities? (If you have...
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Mar 2, 2025 ∙ 2 min
Contract Assets and Contract Liabilites
Accounting Standards Codification (ASC) 606- Revenue Recognition, among other things, changed the way we present financial statements....
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Jan 16, 2025 ∙ 1 min
Another Way to Calculate Revenues Earned
Here's another way to calculate revenues earned using the percentage of completion method. Just thought I'd share. ***DISCLAIMER*** This...
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