2-a. In the journal below, complete the necessary journal entries for the year 2021 (credit "Various accounts" for construction costs incurred). 2-b. In the journal below, complete the necessary journal entries for the year 2022 (credit "Various accounts for construction costs incurred). 2-c. In the journal below, complete the necessary journal entries for the year 2023 (credit "Various accounts" for construction costs incurred).

a. Identify the following transactions as either Capital Expenditure or RevenueExpenditure.i). Pay salary and wages for November 2020 amounting to RM6,200.ii). Purchase vehicle for business use amounting to RM145,000.iii). Depreciation expense for financial year ended 2020 amounting to RM21,000.iv). Purchase stationery for office use amounting to RM450.v). Acquire a building amounting to RM520,000.vi). Repair office door amounting to RM800.

Prepare these journal entries: Dec. 31, 2020 (To clear Intangible Assets account)Dec. 31, 2020 (To correct for amortization on franchises)Dec. 31, 2020 (To correct for rent payments)Dec. 31, 2020 (To record amortization expense on patents)Dec. 31, 2020 (To record amortization expense on licences)Dec. 31, 2020 (To record amortization expense on development cost)

Every entry should have narration please   Please provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)     PCC began work on a $5,000,000 construction contract in 2022. During 2022, the company incurred costs of $1,500,000, billed the customer for $1,650,000, and collected $1,400,000. On December 31, 2022, the estimated future costs to complete is $2,500,000. In 2023, the company completed the construction at the estimated cost. PCC also billed and collected the remaining amount from the customer in 2023. Prepared ALL journal entries in 2022 and 2023.

Required information [The following information applies to the questions displayed below.] In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows: 2021 $2,490,000 5,810,000 Cost incurred during the year 2022 $3,984,000 1,826,000 2023 $2,008,600 Estimated costs to complete as of year-end 0 Billings during the year 2,030,000 4,444,000 3,526,000 Cash collections during the year 1,815,000 3,900,000 4,285,000 Westgate recognizes revenue over time according to percentage of completion. 5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.) 2021 2022 $2,490,000…

1. How much is the contract revenue during 2017? 2. How much is the total estimated cost to complete in 2018? 3. How much is the total estimated gross profit in 2018? Please refer to the picture below to answer the question.

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Urban infrastructures that support a community are sometimes in the news; we seldom think about them except when there is a disruption of service. A small city has just replaced a water storage tank and associated feeders from it throughout the community. It is estimated that the annual service requirements will be $40,000 the first year, with $10,000 increases in each subsequent year for 8 years. The community's time value of money is 4%.

7. Improvements were made to the leased warehouse on June 01, 2021 at a cost of $ 22,000. The estimated life of the improvement is ten years. Lease contract terminates on December 31, 2025. Make necessary entries as of 31.12.2021 and 31.12.2022.

You are given the following information: On 01/04/2019, the company XPSO paid to the owner of the property (company KLM) the rents for one year with a total amount of € 66,000. At the time of payment, the account was charged prepaid rents. The landlord displayed the amount of rent collection in an obligation account. The payment of rents concerns the same property. Requested: Α. Relevant calendar entries 01/04/2019, 31/12/2019, 01/04/2020 for the company XPSO Β. Relevant calendar entries 01/04/2019, 31/12/2019, 01/04/2020 for the company KLM You are given the following information: The company DELTA 01/05/2019 received a long-term loan from the National Bank of Greece amounting to 205,000 with an annual interest rate of 7%. Interest is charged twice a year 30/4 and 31/10. The repayment of the full amount of the loan will take place on 30/04/2024. Requested: The relevant calendar entries 01/05/2019, 31/10/2019, 31/12/2019, 30/04/2020 and 31/10/2020 and 31/12/2020 for the company…