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new accountant to a developer/homebuilder

TexasConstruction Accounting

I came in after all accounts was already set up, I have 8 lots that closed and I'm trying to enter them against the 660,000. they have this in :LOT ASSETS Free and Clear (other current asset). My question is what will my entry be to this? Having a hard time wrapping my head around it. one of the lots was sold already and the rest are on the market, these are townhomes btw. Thanks in advance!!! It's been 15 years since I have done construction accounting....

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