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Monthly Archives: February 2015

 

Gift Card Accounting

Posted on February 9, 2015 by accountinator 1 Comment

Companies record gifts cards sold as liabilities, because ultimately they will need to redeem the gift cards and provide products or services to customers. Here is a link to my article about revenue recognition for gift cards in Journal of Accountancy: Lost and found.
Continue reading…

Categories: Accounting

 

Mark P. Holtzman, PhD, CPA, Chair and Associate Professor of Accounting, Seton Hall University

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