The school's source of income is financial allocation, which is allocated to the school in proportion to the total tuition fees or according to a fixed budget. Therefore, school tuition is not included in the income account. General schools will set up separate current accounts, such as financial accounts payable, budget accounts payable and other similar subjects.
When I received the tuition,
Borrow: bank deposits and other subjects,
Loan: Budget payable.
When it is handed in regularly,
Borrow: budget payable,
Loan: bank deposit.