A government university charges tuition (at standard rates) of $3,000,000. The university grants scholarship waivers to students

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A government university charges tuition (at standard rates) of $3,000,000. The university grants scholarship waivers to students of $100,000. How much tuition revenue should the university report? What if the waivers are for employees of the university in accordance with university fringe benefit policies?
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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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