Question
An airline has an account called Unearned Ticket Revenue. The transaction that causes the balance of this account to decrease is: A. Cash is received
An airline has an account called Unearned Ticket Revenue." The transaction that causes the balance of this account to decrease is:
| A. | Cash is received for an airline ticket for a future flight. |
| B. | The fight previously booked is cancelled. |
| C. | Previously booked flight occurs. |
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The Audit Committee Handbook
Authors: Louis Braiotta Jr.
4th Edition
0470226420, 978-0470226421
