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Question 203

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Use the following information for questions. Tuba Ltd.began work in 2014 on a contract for $1,250,000.Other data are: Use the following information for questions. Tuba Ltd.began work in 2014 on a contract for $1,250,000.Other data are: Revenue Recognition 6 - 19 -If Tuba uses the percentage-of-completion method, the gross profit to be recognized in 2014 is A) $450,000. B) $210,000. C) $200,000. D) $100,000. Revenue Recognition 6 - 19
-If Tuba uses the percentage-of-completion method, the gross profit to be recognized in 2014 is


A) $450,000.
B) $210,000.
C) $200,000.
D) $100,000.

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