Partha Corp. sold widgets to Devra, Inc. for $312.800 on June 1. 2020. The widgets...
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Partha Corp. sold widgets to Devra, Inc. for $312.800 on June 1. 2020. The widgets cost Partha Corp. $168.912. According to the terms of the sale Devra, Inc. is to pay Partha Coro. $108,900 at the end of 2020. $99.100 at the end of 2021, and $104,800 at the end of 2022 Leave no cells blank. Do not found intermediate calculations, and round all final answers to the nearest dollar. 2021 2022 99.100 $ 104,800 2021 2022 Collection Year: 2020 Amount Colected 3 108,000 $ Cost Recovery Method Collection Year: 2020 Cost recovered GP recognized under Cost Recovery Cost yet to be recovered Balance in Deferred GP under Cost Recovery Method installment Method Collection Year: 2020 GP recognized under instament Method Balance in Ceferred GP under Instament Method Generally Accepted Accounting Principles Collection Year: 2020 OP recognized under GAAP Balance in Deferred GP under GMP 2021 2022 2021 2022
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