1098-T reporting

From: Marilyn Sauls (MSauls@mc.edu)
Date: Mon Sep 16 2002 - 11:39:26 EDT

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    Our controller asked me to find out if outside source or miscellaneous scholarships are entered as revenue when received and and expense when it is credited to a student's account? If not, how do you record the receipt and disbursement of the scholarship money?
    Marilyn Sauls
    Bursar
    Mississippi College

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