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Re: E pluribus unum post# 22015

Wednesday, 11/21/2007 11:50:21 PM

Wednesday, November 21, 2007 11:50:21 PM

Post# of 53903
E,

Ok i'm getting it, expenses are used to estimate the associated revenues of the uncompleted project. So with that being said, of the 463k in costs of the uncomplete projects, was that booked to q3 expenses and 740k booked to revenues(60% of project costs)? giving us our 1.2 mil for the q3 and leaving us with 200k left forwarded to q4 apon completion?


Thanks
Teeroy
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