Please assist with questions below, thanks

Subject:AccountingPrice: Bought3

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Please assist with questions below, thanks.

 

1)The work sheet for Bridges Company shows net income of USD 40,000. The following four adjustments were ignored: ? Subscriptions Fees earned, USD 1,200. ? Depreciation of equipment, USD 4,000. ? Depreciation of building, USD 10,000. ? Salaries accrued, USD 3,000. What is the correct net income?

2)from installment sales times the gross margin percentage for the year of sale. Assume the following facts regarding the construction of a bridge: Construction costs this period...... USD 3,000,000 Total estimated construction costs...10,000,000 Total sales price............... 15,000,000. The revenue that should be recognized this period is: a. USD 3,000,000. b. USD 4,500,000. c. USD 5,000,000. d. USD 6,500,000.