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by Bpipes
Tue Dec 11, 2012 3:36 pm
Forum: Accounting
Topic: Construction
Replies: 1
Views: 789

Construction

We are adding on to our building. The amount of the construction is $1,900,000. We have a approved loan for $1,000,000 and $900,000 will come from contributions. As we receive the contributions, we will send the funds to the loan company. They will pay the construction company but will use our $900,...