Why are revenues presented on the nancial statements net of scholarships and discounts?

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Why are revenues presented on the ﬁnancial statements net of scholarships and discounts?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 12:02 PM

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Why are revenues presented on the nancial statements net of scholarships and discounts?

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NACUBO indicates that colleges and universities should show tuition and ...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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