Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. big blue university has a fiscal year that ends on

Big Blue University has a fiscal year that ends on June 30. The 2022 summer...

60.1K

Verified Solution

Question

Accounting

image

Big Blue University has a fiscal year that ends on June 30. The 2022 summer session of the university runs from June 9 through July 27. Total tuition paid by students for the summer session amounted to $108,000. Required: a. How much revenue should be reflected in the fiscal year ended June 30, 2022? Note: Do not round intermediate calculations. b. Would there be a change in the revenue reflected if the university had a tuition refund policy that no tuition would be refunded after the end of the third week of summer session classes

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

QUESTION 11 The philosophical study of what exists and what the nature of existents are is _______. 4...

Psychology
Q

J&J has an outstanding issue of 20- year maturity bond with face value of $1,000 and...

Finance
Q

Pressure variation due a sonic wave propagating along positive x direction is given by equation...

Physics
Q

3 30J The work done at the end of displacement 20cm according to the F...

Physics
Q

Andrew finds that on his way to work his wait time for the bus is...

Statistics
Q

3 21 Find the volume of the figure below 26 5 yd 9 6 yd...

Algebra
Q

After his lunch G del tells you that he ate either apples or bananas also...

Algebra
Q

Gordon's "bird-in-the-hand" argument suggests that dividends are irrelevant. firms should have a 100 percent payout...

Accounting
Q

HA02 " "

Accounting
Q

Los estndares de Blue Corporation exigen 4725 horas de mano de obra directa para producir...

Accounting
Q

If a future cost is the same for more than one alternative, and it has...

Accounting
Q

There is a total of 20 Adjusted Trial Balance entrys ...

Accounting