Question
Please complete the following entries assuming Midwest University is a private college. Note: Do not use commas, decimal points or dollar signs in monetary answers.
Please complete the following entries assuming Midwest University is a private college.
Note: Do not use commas, decimal points or dollar signs in monetary answers. For negative numbers, use a minus sign "-"
a) The university was notified by the state that it was to receive a grant of $75,000 for cancer research for use in the following school year.
b. Fees charged to students for the fall and spring semesters of the current fiscal year totaled $3,100,000. In addition, the allowance for uncollectible accounts was increased by $150,000.
c. The university received $153,000 in contributed services from licensed dental assistants providing services in its community outreach dental clinics.
The services were part of the regular operation of the clinics.
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