Education
Campus Utilities — Electricity & Water Accrual
Accruing the monthly cost of electricity and water for the entire campus.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Utilities Expense (Campus) | Expense (+) | 18,000.00 | - |
| Accrued Liabilities | Liability (+) | - | 18,000.00 |
💡 Accountant's Note
Campus utilities are among the largest operating costs for educational institutions. Accruing before bills arrive ensures the P&L reflects the true cost of each academic period.
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