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Showing posts with the label Tuition Fees Received And Paid Journal Entry

Paid Tuition Fee of the Son Journal Entry

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Journal Entry For The Payment Of Tuition Fees From Student’s Parents To Educational Institution When the parents paid tuition fees (e.g. Rs. 70000) to school, college, university or any educational institution for their students / childs, then from the point view of parents, following entry is recorded as shown below:                                                                     Tuition Fees Expense a/c  70000                                                                                                                 Cash ...