“Accounting Standards for Colleges and Universities

May 27, 2021/in Uncategorized /by Peter

Imagine that you work in the accounting department of a university and your boss has asked you to explain and discuss components of revenue or expense that are reported on the university’s statement of revenues, expenses, and changes in net asset. Discuss at least two (2) unique situations or transactions that you may encounter.

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“Accounting Standards for Colleges and Universities

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