How should cash received as deposit by a univesity from students be treated accounting wise?
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Accounting, Cpa, Unearned Revenue
This entry was posted on Saturday, February 28th, 2009 and is filed under Cash. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.
#1 by victor m at December 30th, 2008
Cash if you consider it as general cash if you can take the only time you can be redeemed or withdrawn then the conservative route of placing restriction on the use it as an unearned revenue then thats the university may definitely use it.