What Is the Journal Entry to Record the Graduate Assistantships $\begin{array}{lccc} \text { A. Scholarships and Fellowships Expense } & 900,000 & \\\quad \text { Accounts receivable } & & 900,000 \\\end{array}$

Multiple Choice

What is the journal entry to record the graduate assistantships?

$\begin{array}{lccc} \text { A. Scholarships and Fellowships Expense } & 900,000 & \\\quad \text { Accounts receivable } & & 900,000 \\\end{array}$

$\begin{array}{lccc} \text { B. Operating Revenue Deduction -Scholarship } & & \\\quad \text { Allowances } & 900,000 & \\\quad \text { Accounts Receivable } & &900,000 \\\end{array}$

$\begin{array}{lccc} \text { C. Operating Revenue Deduction -Scholarship } & & \\\quad \text { Allowances } & 900,000 & \\\quad \text { Deferred Revenues } && 900,000 \\\end{array}$
D.Not recorded because it was deducted from tuition revenue before revenue it was recorded

A) Choice A
B) Choice B
C) Choice C
D) Choice D