When does cash change hands with accrued revenue? Which of the listed revenue sources would you expect that Walt Disney would need to accrue for?
- Make a list of the sources of revenue that Walt Disney discloses in its 10k, based on the excerpt from its 2014 10k.
- Which of the listed revenue sources would you expect that Walt Disney could recognize immediately upon sale of product or service?
- When does cash change hands with accrued revenue? Which of the listed revenue sources would you expect that Walt Disney would need to accrue for?
- When does cash change hands with unearned revenue? Which of the listed revenues sources would you expect that Walt Disney would initially account for as “unearned revenue”?