Percentage of Completion vs Completed Contract Method

This video compares and contrasts the Percentage-of-completion Method with the Completed-contract Method for recognizing revenue. A comprehensive example is provided to illustrate how the timing of revenue, expense, and profit recognition differs under each method.
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[@maggieq7697]

Thank you. you helped me a lot.

[@gogohahayo]

Thank you for all your hard works and kindness. You did a wonderful job helping a lot of people like me to understand accounting.

[@Edspira]

Wow, thank you!

[@joepan2604]

Thanks for the video. Helps with CPA exam studies

[@Edspira]

Happy to help!

[@selamdimetros1479]

very helpful!

[@ritikasalian8773]

Thankyou.....You are great

[@Xylete1]

What is billings account? Where u debit A/R and cr billings is it revenue?

[@rahmanismail2004]

Tq.. So easy to inderstand

[@kb8481]

thank you!!