In accounting for a Tax Agency Fund, why is it necessary to maintain records of taxes levied

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In accounting for a Tax Agency Fund, why is it necessary to maintain records of taxes levied and collected for each taxing authority involved by year of levy?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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Question Posted: Oct 25, 2014 05:01 AM

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In accounting for a Tax Agency Fund, why is it necessary to maintain records of taxes levied

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Governmental and Nonprofit Accounting

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