Education
Tuition Paid by Employer Sponsor (Third Party)
An employer pays a student's tuition directly to the institution under a sponsorship agreement.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 5,000.00 | - |
| Student Accounts Receivable | Asset (-) | - | 5,000.00 |
💡 Accountant's Note
Employer-sponsored tuition is common in professional development programmes. The payment clears the student's receivable balance. Revenue recognition is unchanged — the payer identity does not affect when revenue is earned.
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