Revenue reflected in the fiscal year


Question: Big Blue University has a fiscal year that ends on June 30. The 2010 summer session of the university runs from June 9 through July 28. Total tuition paid by students for the summer session amounted to $112,000.

How much revenue should be reflected in the fiscal year ended June 30, 2010?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Revenue reflected in the fiscal year
Reference No:- TGS01894250

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)