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WPHL generates revenue from the fees collected from the sale of tickets from franchised teams while Football Equities sales tickets for games played by teams it operates. REFERENCES Emerging Issues Task Force (EITF). (2000). EITF 99-19 -- Reporting revenue gross as a principal versus net as an agent. Abstract retrieved December 1, 2008, from 2007 Financial Accounting Research System (FARS) database. Emerging Issues Task Force (EITF). (2000). EITF 00-21 -- Revenue arrangements with multiple deliverables. Abstract retrieved December 1, 2008, from 2007 Financial Accounting Research System (FARS) database...
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