_____ During 2006, Sodona State University (SSU) billed its students $9,000,000 for tuition. The net amount contractually to be paid was only $8,500,000, however, because of the following items:
Which of the following amounts should SSU--which engages only in business-type activities-report in its 2006 statement of revenues, expenses, and changes in net assets?

Question

_____ During 2006, Sodona State University (SSU) billed its students $9,000,000 for tuition. The net amount contractually to be paid was only $8,500,000, however, because of the following items:
  Which of the following amounts should SSU--which engages only in business-type activities-report in its 2006 statement of revenues, expenses, and changes in net assets?

Quizplus · Accepted Answer

The Answer of _____ During 2006, Sodona State University (SSU) billed its students $9,000,000 for tuition. The net amount contractually to be paid was only $8,500,000, however, because of the following items:
  Which of the following amounts should SSU--which engages only in business-type activities-report in its 2006 statement of revenues, expenses, and changes in net assets?

_____ During 2006, Sodona State University (SSU) Billed Its Students