A public college had tuition and fees of $21,000,000. Scholarships, for which no services were required, amounted
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A public college had tuition and fees of $21,000,000. Scholarships, for which no services were required, amounted to $1,600,000. Graduate assistantships, for which services were required, amounted to $2,500,000. The amount to be reported by the public college as net tuition and fees would be:
A) $21,000,000.
B) $19,400,000.
C) $18,500,000.
D) $16,900,000
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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