3 ms·
Knowing accountants, outstanding tickets are absolutely on the books as a liability. But it sounds like they were using accounting practices where that liabili
by phire 6y ago
Knowing accountants, outstanding tickets are absolutely on the books as a liability.
But it sounds like they were using accounting practices where that liability was created when the tickets were manufactured, rather than when they were issued to customers.
And shredding the tickets now has removed some of that liability from their books.