30) 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? A. Recognize the entire amount of revenues and expenses in the year in which the term is predominantly conducted B. Recognize expenses in the year in which they were billed and the expenses in the year in which they were incurred C. Apportion the revenues and expenses to the two fiscal years, following accrual accounting practices similar to those employed by commercial enterprises D. Recognize the entire amount of revenues and expenses in the year in which the term began