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[quote user="blue streak 1"] Sam1:  Can you determine how Amtrak accounts for unearned transportation revenue?  The airlines that am familiar with always had a line item as a liability.  A lot depends on how the credit card companys handled the charges and how much of the fare was held in reserve by the credit card company. [/quote] It is shown under current liabilities on the consolidated Balance Sheet as deferred ticket revenue.  As of December 31, 2013 it was $127,653,000; as of December 31, 2012, it was 122,092,000.   This is the key part from the accounting notes: "These revenues are recognized as operating revenues when the related services are provided. Amounts received for tickets that have been sold but not used are reflected as “Deferred ticket revenue” in the Consolidated Balance Sheets."
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