BA has an account entitled sales in advance of carriage. Explain the purpose of that account. Would

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BA has an account entitled “sales in advance of carriage.” Explain the purpose of that account. Would transactions of this type be handled similarly under U.S. GAAP? What is the amount of “sales in advance of carriage,” as of March 31, 2009?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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