how do gift cards get accounted for? When could this be a challenge for the revenue treatment?

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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Posted Date: Mar 27, 2024 11:56 PM

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how do gift cards get accounted for? When could this be a challenge for the revenue treatment?

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Gift cards are accounted for differently depending on whether they are sold or redeemed Sale of Gift Cards When a gift card is sold the revenue is not ... View the full answer

Financial Accounting A User Perspective

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