Consider the following situations: Required: For each situation, determine the date for which the company recognizes the revenue under accrual-basis accounting. American Airlines collects cash on June 12 from the sale of a ticket to a customer. The flight occurs on August 16. A customer purchases sunglasses from Eddie Bauer on January 27 on 2. Jaccount. Eddie Bauer receives payment from the customer on February 2. On March 30, a customer preorders 10 supreme pizzas (without onions) from Pizza Hut for a birthday party. The pizzas are prepared and delivered on April 2. The company receives cash at the time of delivery. A customer pays in advance for a three-month subscription to Sports 4. Illustrated on July 1. Issues are scheduled for delivery each week from July 1 through September 30