Contract accounts

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November 22, 2010 at 3:09 pm #46142
evalstngj
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In calculating gross profit on contracts, how do i know if COS is the balancing figure or Revenue. Can you pls give steps to solve questions.
November 23, 2010 at 10:37 pm #71182
MikeLittle
Keymaster
- Topics: 27
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yes, step 1, read the course notes.

Step 2, listen to the audio lectures

Step 3, if you still have a problem, post again
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