arens county

Project Description:

arens county maintains a tax agency fund for use by the county treasurer to record receivables, collections, and disbursements of all property tax collections to all units of government in the county. in the year 2015, the following taxes were levied:
1. $8,820,000 in property taxes were levied for the general fund, of which 2% are deemed to be uncollectible.
2. $4,830,000 in property taxes were levied for the school district.
3. $4,410,000 in property taxes were levied for a village in the county.
required:
part a - prepare the journal entries for each unit and the agency fund to record these levies.
part b - the agency fund then collected 90% of the levy for each fund. the arens county general fund charges 1.5% of collections as a fee for maintaining the agency fund.
prepare the journal entries for each unit and the agency fund to record these collections and fees.
Skills Required:
Project Stats:

Price Type: Fixed

Project Budget: $0 to $10
Completed
Total Proposals: 8
1 Current viewersl
81 Total views
Project posted by:

Proposals

Proposals Reputation Price offered