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Under current revenue recognition standards, transportation companies generally recognize revenue upon delivery of freight to the customer. Related transportation and delivery expenses directly associated with the shipments are recorded once the revenue is recognized. 2014-09, Revenue from Contracts with Customers (Topic 606).
Money Management Gather a list of your financialaccounts, account numbers and contact information for each company. Many homeowners’ policies cover additional living expenses such as housing and food costs, temporary residence, additional costs for transportation to and from work and school, and storage expenses.
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