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QUESTION
During June, Sunny University collects $27 million in tuition related to the second summer session which runs during July and August.Sunny's fiscal...
During June, Sunny University collects $27 million in tuition related to the second summer session which runs during July and August.Sunny's fiscal year ends June 30th.Assuming that Sunny makes entries once a month, record the related journal entries for June 30th, July 31st and August 31st.
