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okay so I understand the concept of percentage of completion.. you recognize revenue as the work is completed based on costs incurred and total expected costs.
When doing a JE for the Sim, I am confused about the Construction in Progress entry. is it essentially a plug figure?
Parthamis PrimeAUD - 73, 75... and done.
FAR - 80 (UNBELIEVABLE)
BEC - 78
REG - 81
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