Education
Government Lunch Program Subsidy
Recording the reimbursement from the government for free or reduced-price student meals.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Grant Receivable (Food Services) | Asset (+) | 3,000.00 | - |
| Auxiliary Revenue: Food Services | Revenue (+) | - | 3,000.00 |
💡 Accountant's Note
In many K-12 systems, the government pays the school a fixed rate per meal for qualifying low-income students.
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