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Big Blue University has a fiscal year that ends on June 30. The 2016 summer session of the university runs from June 8 through July
Big Blue University has a fiscal year that ends on June 30. The 2016 summer session of the university runs from June 8 through July 28. Total tuition paid by students for the summer session amounted to $113,000.
Required:
a. How much revenue should be reflected in the fiscal year ended June 30, 2016?
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