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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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9 years ago
A college has a June 30 fiscal year end. Assume that tuition revenue for the summer session that begins June 1, 20X8, and ends August 31, 20X8 totals $270,000. Tuition is billed and is due at the beginning of the session term. How much revenue should be reported as of the fiscal year ended June 30, 20X8?
A.   $270,000.
B.   $180,000.
C.   $135,000.
D.   $90,000.
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Diesel
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f_zah1f_zah1
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9 years ago
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