How would estimated uncollectible tuition and fees be reported on the financial statements of a university? I. It would be reported as part of net revenue by a public university.
II) It would be reported as an operating expense by a public university.
III) It would be reported as an operating expense by a private university.
A) I only.
B) II only.
C) III only.
D) Both I and III are correct methods of reporting estimated uncollectible tuition and fees.

Question

How would estimated uncollectible tuition and fees be reported on the financial statements of a university? I.	It would be reported as part of net revenue by a public university.
II)	It would be reported as an operating expense by a public university.
III)	It would be reported as an operating expense by a private university.
A) I only.
B) II only.
C) III only.
D) Both I and III are correct methods of reporting estimated uncollectible tuition and fees.

Quizplus · Accepted Answer

The Answer of How would estimated uncollectible tuition and fees be reported on the financial statements of a university? I.	It would be reported as part of net revenue by a public university.
II)	It would be reported as an operating expense by a public university.
III)	It would be reported as an operating expense by a private university.
A) I only.
B) II only.
C) III only.
D) Both I and III are correct methods of reporting estimated uncollectible tuition and fees.

How Would Estimated Uncollectible Tuition and Fees Be Reported on the Financial