Question

52,200
Preparation of Contract ale When Less than 1/4 Work has been completed
1. From the following information prepare Contract No. 205 A/c :
Contract Price
Work certified
Cost of Work uncertified
Cash received from Contractee
Purchase of Materials
Wages paid
Plant sent to Site
Closing Value of Plant
Direct Expenses
Administration Expenses
Materials in hand at the end
Materials returned
Show also work-in-progress in Balance Sheet.
र
2,00,000
40,000
1,600
28,000
10,000
12,000
4,000
3,600
3,000
1,000
2,000
1,000
Tang Totol n
Т)​

Answer 1

Answer:

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