Education
Summer Conference / Venue Rental Revenue
Recording revenue from renting campus facilities to a corporate client during the off-season.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Bank | Asset (+) | 15,000.00 | - |
| Other Operating Revenue: Rentals | Revenue (+) | - | 15,000.00 |
💡 Accountant's Note
Schools generate 'ancillary income' by using their empty dorms and classrooms for corporate retreats or summer camps during July and August.
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