19.A public college had tuition and fees of $21,000,000. Scholarships, for which no services were required, amounted to $2,500,000. Graduate assistantships, for which services were required, amounted to $1,600,000. The amount to be reported by the public college as net tuition and fees would be:
A) $21,000,000.B)$19,400,000. C)$18,500,000. D)$16,900,000.
20.According to NACUBO guidelines, what is the correct treatment for recognizing summer school revenues and expenses when a college’s fiscal year ends on June 30?
21.Inflows from self-supporting operations by a private college are known as auxiliary enterprises and are classified as
22.When summer school classes at a university cover parts of two fiscal years, the revenues and expenses are