Revenue Recognition: Bill-and-Hold Arrangement

Today we will continue with the revenue recognition topic and look into accounting for one of the revenue recognition issues, the Bill-and-Hold Arrangement. ⬇️⬇️⬇️
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The textbook used in this video: Intermediate Accounting, Kieso ● Weygandt ● Warfield, 17th edition. Chapter 18.
Additional resources:
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The Financial Accounting Foundation (FAF) has launched its free, enhanced online access to the Accounting Standards Codification and the Governmental Accounting Research System. You can access ASC here: asc.fasb.org/Login