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Highlight and contrast the following for Public (state-owned) Universities and Private Not-for-Profit Universities: A. What...

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Highlight and contrast the following for Public (state-owned) Universities and Private Not-for-Profit Universities: A. What primary standard setter governs the accounting treatment for each? B. What are the primary financial statements for each? C. List and discuss the different types of classifications of the equity section of each. D. Discuss the proper accounting treatment for revenue reduction versus expenses when it comes to tuition and scholarships. E. What is the role of NACUBO in providing guidance in the reporting of colleges and universities? olacchine

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