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A conservative estimate profit of A Contractor complete his contract work 90 % .

Total Expenditure to date450, Estimate further expenditure to complete the contract including contingency250, Contract Price6120, work Certified550800, work UN-certified340 , cash received440640. Give your recommendation how much profit to be taken in profit and loss. a/c for the proportion of profit.

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Question added by Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC
Date Posted: 2014/03/19
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