British Airways (BA) sells a round-trip ticket from London to New York for $1,000. The customer also receives 5,000 award miles, equivalent to 20% of the miles required for a free domestic flight. Discuss when BA should recognize revenue, along with any unique issues that the company may face in the recognition of expenses.0

Answer rating: 100% (QA)

The BA should recognize revenue when the ticket is sold to a customer The issues which may aris... View the full answer