Question: How do private colleges and universities account for bad debts related to tuition and fees? Compare the accounting to that of public and for-profit (corporate)
How do private colleges and universities account for bad debts related to tuition and fees? Compare the accounting to that of public and for-profit (corporate) colleges and universities.
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Private colleges and universities follow FASBNACUBO guidance and record bad debts as a direct deduct... View full answer
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