Southeastern State University has chosen to report as a public university reporting as a special purpose entity engaged only in business-type activities.Deferred Revenues were reported as of July 1,2011 in the amount of $7,600,000.Record the following transactions related to revenue recognition for the year ended June 30,2012.Include in the account titles the proper revenue classification (operating revenues,nonoperating revenues,etc.):
Definitions:
Q1: Private colleges and universities are subject to
Q4: Contrast a defined benefit and defined contribution
Q11: Both public and private sector health care
Q13: A "performance indicator" is required in the
Q24: Customer's meter deposits which cannot be spent
Q71: What is the difference between a component
Q86: Private health care organizations follow _ standards
Q110: Which of the following tax-exempt organizations would
Q113: Which of the following is not an
Q126: Funds that are restricted for a certain