Math, asked by ka4830140, 6 months ago

Shashank Construction Ltd. undertook a contract for the construction of a building at a way
* 40 Lakh. The total cost of the building was estimated at 33 Lakh. During the current year. The
of 7 11 Lakh has been incurred and 3 9 Lakh has been received from the contractee. According
compute the contract revenue and contract profit to be recoginsed for the current year.
Solution

Answers

Answered by TheBrainlyKing1

Step-by-step explanation:

construction contract when: (a) separate proposals have been submitted for ... Ltd. undertook a contract to construct a building ... Less:- Total estimated cost to be incurred = 47, 60,000

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