The following independent situations require professional judgement for determining when to recognize revenue from the transitions. For each of the following scenarios, underneath explain when the revenue should be recognized under ASPE 1. Air Canada sells you an advance purchase airline ticket in September for your flight to Hawaii in December. 2. You purchase a sweater online from the GAP in December. The sweater is backordered and you receive it in February. It is charged to your credit card in February and you pay the bill in March