The lacrosse season runs from September to April, with the team playing 80 games-40 at home and 40 away. Attendance in the first part of the season is low but, by January, attendance for home games is usually close to capacity of 6,000 seats. About half of the home games are played by the end of December of each year.
What is the Accounting Issue?

Answer rating: 100% (QA)

Accounting issue here is regarding recognition of revenue if season tickets are sold ... View the full answer