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How much of this amount should be recognized as revenue

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Question - A national sports team sells season tickets to customers in September 2011. The official season for the sport will run from November 1, 2011 to April 1, 2012, with games spread out evenly over the 5 months. $10 million of season tickets are sold in September. How much of this amount should be recognized as revenue for the year ending December 31, 2011, if the company uses accrual accounting?

$10 million

$8 million

$4 million

$2 million

Reference no: EM132428822

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