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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 state university assessed its students $2,000,000 of tuition and fees. However, only $1,500,000 was expected to be collected because of an estimated uncollectible amount of $25,000, scholarship allowances of $400,000, and tuition waivers to staff of $75,000. What amount of net tuition and fees revenue should be reported in the statement of revenues, expenses and changes in net position?
A.   $1,500,000.
B.   $1,575,000.
C.   $1,600,000.
D.   $2,000,000.
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Diesel
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f_zah1f_zah1
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9 years ago
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