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Title: Kansas City Zephyrs Baseball Club, Inc

Essay Details

Subject: Business
Author: Martin M
Date: August 26, 2014
Level: University
Grade: A
Length: 2 / 537
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Roster Depreciation 2. Overstated Player Salary Expense Current roster salary Amortization of signing bonuses Nonroster guaranteed contract expense 3. Related-Party Transactions (Stadium Operations) Key Accounting Concepts: Recognition of Revenue Recognition at the point at which goods are delivered to a customer The Matching Concept: relating revenues and expenses so that owners’ equity is neither overstated nor understated Players will tend to argue for methods that may understate Owners will tend to argue for methods that may overstate Roaster Depreciation: The team was bought for $24 million...

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Roster Depreciation 2. Overstated Player Salary Expense Current roster salary Amortization of signing bonuses Nonroster guaranteed contract expense 3. Related-Party Transactions (Stadium Operations) Key Accounting Concepts: Recognition of Revenue Recognition at the point at which goods are delivered to a customer The Matching Concept: relating revenues and expenses so that owners’ equity is neither overstated nor understated Players will tend to argue for methods that may understate Owners will tend to argue for methods that may overstate Roaster Depreciation: The team was bought for $24 million...

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