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Each response should be about one paragraph long, describing the justification for your decision. United Airlines sells a non-refundable airplane ticket for a round trip,
Each response should be about one paragraph long, describing the justification for your decision.
United Airlines sells a non-refundable airplane ticket for a round trip, New York to Los Angeles, on October 30th, for a cash payment of $600. The outbound flight is scheduled for December 23rd and the return flight is scheduled for January 2nd.
Are the revenue recognition criteria met or not met? Why or why not?
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