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A government university's tuition and fees at the standard rates are 20 million.Scholarship allowances of $1,500,000 are granted to students by the university and tuition
A government university's tuition and fees at the standard rates are 20 million.Scholarship allowances of $1,500,000 are granted to students by the university and tuition waivers for employees granted under the university tuition waiver policy are $100,000.Uncollectible accounts are expected to equal $150,000.The amount of tuition and fees revenues that the university should report is:
A.18,250,000
B18,350,000
C18,500,000
D20,000,000
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