3. A public college had tuition and fees of $20,000,000. Scholarships given to students (for...
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Accounting
3. A public college had tuition and fees of $20,000,000. Scholarships given to students (for which no services were required) amounted to $1,000,000. Employee discounts ( which were provided in exchange for services) amounted to $2,000,000. The amount to be reported as net tuition and fees by the public college would be a. $20,000,000 b. $19,000,000 c. $18,000,000 d. $17,000,000
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