6/13/2013
50,000,000
2010
3,400,000
1,500,000
1,000,000
30,600,000
2010
2011
15,500,000
14,500,000
14,750,000
16,100,000
2012
16,300,000
17,000,000
16,500,000
8,800,000
2011
2012
2013
10,700,000
13,000,000
13,500,000
8,100,000
2013
2014
7,100,000
4,000,000
4,250,000
0
Totals
53,000,000
50,000,000
50,000,000
2014
151649997.xls.ms_office
-1-
Problem
Acct 414
6/13/2013
DR
2010
2011
CR
DR
2012
CR
DR
2013
CR
DR
2014
CR
DR
CR
Construction in Progress
Accts Pay, Cash, etc.
Accounts Receivable
Partial Billings
Cash
Accounts Receivable
Construction Costs
Construction in Progress
Construction Revenue
Closing Entry
Partial Billings
Construction in Progress
T-accounts
151649997.xls.ms_office
Construction in progress
Partial billings
-2-
Accounts Receivable
JEs-% blank
Acct 414
6/13/2013
2010
DR
3,400,000
1,500,000
1,000,000
-
2011
CR
3,400,000
1,500,000
1,000,000
DR
15,500,000
14,500,000
14,750,000
-
2012
CR
DR
15,500,000
14,500,000
14,750,000
16,300,000
17,000,000
16,500,000
-
2013
CR
16,300,000
17,000,000
16,500,000
DR
10,700,000
13,000,000
13,500,000
-
2014
CR
10,700,000
13,000,000
13,500,000
DR
CR
7,100,000
4,000,000
4,250,000
-
7,100,000
4,000,000
4,250,000
T-accounts
151649997.xls.ms_office
Construction in progress
Partial billings
-3-
Accounts Receivable
JEs-CC-blank
Acct 414
6/13/2013
2010
DR
Construction in Progress
Accts Pay, Cash, etc.
3,400,000
1,500,000
1,000,000
-
Accounts Receivable
Partial Billings
Cash
Accounts Receivable
2011
CR
3,400,000
1,500,000
1,000,000
DR
15,500,000
14,500,000
14,750,000
-
2012
CR
DR
15,500,000
14,500,000
14,750,000
16,300,000
17,000,000
16,500,000
-
2013
CR
16,300,000
17,000,000
16,500,000
DR
10,700,000
13,000,000
13,500,000
-
2014
CR
10,700,000
13,000,000
13,500,000
DR
7,100,000
4,000,000
4,250,000
-
CR
7,100,000
4,000,000
4,250,000
Construction Costs
Construction Revenues
Closing Entry
Partial Billings
Construction revenue
Construction costs
Construction in progress
T-accounts
Construction in progress
Partial billings
Accounts Receivable
151649997.xls.ms_office
-4-
JEs-ZeroProfit-blank