Balance in the accounts receivable account basics, Accounting Basics

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Balance in the accounts receivable account basics

At December 31, 2010 Seasons estimates that it is 30% complete with the construction, based on cost incurred. What is the total amount of Revenue from Long-term Contracts recognized for 2010 and what is the balance in the Accounts Receivable account assuming Cannon Cafe has not yet made its last quartely payment?

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Accounting Basics: Balance in the accounts receivable account basics

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Accounting Basics: Balance in the accounts receivable account basics

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Accounting Basics: Balance in the accounts receivable account basics

Reference No:- TGS076640

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