Final answer:
False. The airline would not record ticket revenue on June 1. Revenue should be recognized when it is earned and realized or realizable, which in this case would be on June 9 when the flight takes place.
Step-by-step explanation:
False. An airline that sells a ticket to a passenger on June 1 for a June 9 flight would not record ticket revenue on June 1. According to the revenue recognition principle in accounting, revenue should be recognized when it is earned and realized or realizable. In this case, the revenue from the ticket sale would be recognized on June 9 when the flight takes place and the service is provided to the passenger.