The trial balance of Boegner University, a government university, on September 1, 20X7, was as follows:

Boegner University’s dormitory and food service facilities are operated as auxiliary enterprises.
The following transactions took place during the current fiscal year:
1. Collections amounted to $2,270,000, distributed as follows: tuition and fees, $1,930,000;
unrestricted gifts, $170,000; sales and services of educational activities, $115,000; other sources, $25,000; accounts receivable, $30,000.
2. Receivables at end of the year were $29,000, consisting entirely of tuition and fees revenues.

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Cash...... Accounts Receivable...... Allowance for Uncollectible Accounts... Inventory of Materials and Supplies.... Vouchers Payable ... ..... Capital Assets (net).. Net Assets.... .... Dr. $ 155,000 30,000 25,000 800,000 Cr. $ 2,000 -23,000 985,000 $1,010,000 $1,010,000