What is the journal entry to record tuition revenue? $\begin{array} { l c c }
\text { A) Accounts receivable } & 25,000,000 & \
\text { Operating Revenue-Student Tuition \& Fees } & & 25,000,000 \
\end{array}$
$\begin{array}{lccc}
\text { B) Accounts Receivable } & 23,800,000 & \
\quad \text { Operating Revenue-Student Tuition \& Fees } & & 23,800,000 \
\end{array}$
$\begin{array}{lccc}
\text { C) Accounts Receivable } & 24,100,000 & \
\quad \text { Operating Revenue-Student Tuition \& Fees } & & 24,100,000 \
\end{array}$
$\begin{array}{lccc}
\text { D) Accounts Receivable } & 22,900,000 & \
\text { Operating Revenue-Student Tuition \& Fees } && 22,900,000
\end{array}$
A) Choice A
B) Choice B
C) Choice C
D) Choice D

Question

What is the journal entry to record tuition revenue? $\begin{array} { l c c } 
\text { A) Accounts receivable } & 25,000,000 & \
\text { Operating Revenue-Student Tuition \& Fees } & & 25,000,000 \
\end{array}$
$\begin{array}{lccc}
\text { B) Accounts Receivable } & 23,800,000 & \
\quad \text { Operating Revenue-Student Tuition \& Fees } & & 23,800,000 \
\end{array}$
$\begin{array}{lccc}
\text { C) Accounts Receivable } & 24,100,000 & \
\quad \text { Operating Revenue-Student Tuition \& Fees } & & 24,100,000 \
\end{array}$
$\begin{array}{lccc}
\text { D) Accounts Receivable } & 22,900,000 & \
 \text { Operating Revenue-Student Tuition \& Fees } && 22,900,000
\end{array}$
A) Choice A
B) Choice B
C) Choice C
D) Choice D

Quizplus · Accepted Answer

The journal entry to record tuition revenue is to debit Accounts Receivable and credit Operating Revenue-Student Tuition & Fees for the amount of tuition billed, which is 25,000,000 in choice A.

What Is the Journal Entry to Record Tuition Revenue