Up&Away Airlines has provided the following information regarding cash received for ticket sales in September and October:
Cash received in September for October flights | $500,000 |
Cash received in October for October flights | 300.000 |
Cash received in October for November flights | 400,000 |
Apply the realization principle to determine how much revenue Up&Away Airlines should report in its October income statement.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.