Accountancy, asked by shrutisaxena508, 3 months ago

paid tution fee journal entry​

Answers

Answered by navinkumar4414
0

Answer:

hmm..soo are u asking our telling????

Answered by sujatarj0709
0

Answer:

Note by paying the second payment, the student is essentially converting the tuition fee recipient's Accounts Receivable into Cash. From the student's point of view, the student is converting cash into reduced Accounts Payable.

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