109.Give 2 examples of unrestricted inflows, restricted inflows and permanently restricted inflows for a private college or university. 110.What is the distinction between discounts and expenses for...

109.Give 2 examples of unrestricted inflows, restricted inflows and permanently restricted inflows for a private college or university.

110.What is the distinction between discounts and expenses for private colleges and universities?

111.NACUBO has issued a position paper titled “Accounting and Reporting Scholarship Allowances to Tuition and Other Revenues by Higher Education” to address the issue of scholarship allowances. How are scholarships and allowances treated in the financial statements by private colleges and universities?