Education
Government Voucher / Subsidy Payment
Recording the receipt of tuition funding from a government agency on behalf of a student.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash | Asset (+) | 4,000.00 | - |
| Student Accounts Receivable | Asset (-) | - | 4,000.00 |
💡 Accountant's Note
This clears the student's balance when a third party (the government) pays their bill.
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