School Fees Receivable Journal Entry
Sc hool fees i ncludes tuition fees and ot her dues necessary to prepare t he academic programs. School fees receiv ab le is a fees receiva b le from stude n ts studyi n g differe nt academic programs in different classes. It is a current asset for t he schools or colleges or u niversities w h ic h h ad already conduct ed different academic programs for students b ut still the fees is not received from students during t he accou nting period. T he adjusti ng entry to record sc hool fees receiva b le i n the Books of Accou nts is s how n b elow: School Fees Receiva b le a/c XXX School Fees Received a/c XXX ...