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the total expenditure on the contract is transferred to ............. A/c, when completion stage of a contract is less then 1/4th.
profit and loss A/c
work in progress
Miscellaneous A/c
none of the above
When a contract completion stage is less than 1/4 , the total expenditure on contract is transferred to work in progress
By: SWAPNIL AGGARWAL ProfileResourcesReport error
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