=+Krista: Yes, but it didnt do any good. Ashley, the head accountant, said something about matching revenues

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=+Krista: Yes, but it didn’t do any good. Ashley, the head accountant, said something about matching revenues and expenses. Also, something about not recording revenues until the sale is final. I figure I’d take the accounting course and find out whether she’s just jerking me around.

Joel: I never really thought about it. When do you think Delta Air Lines will record its revenues from this flight?

Krista: Hmmm . . . I guess it could record the revenue when it sells the ticket . . . or . . . when the boarding passes are taken at the door . . . or . . . when we get off the plane . . . or when our company pays for the tickets . . . or . . . I don’t know. I’ll ask my accounting instructor.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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