Assume that Nathan County has levied its current year taxes and all revenue recognition criteria for property
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Assume that Nathan County has levied its current year taxes and all revenue recognition criteria for property taxes have been met. The amount levied was $775,000, of which 2% is deemed to be uncollectible (based on historical experience). Which of the following entries would be made in the General Fund?
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Related Book For
Governmental And Nonprofit Accounting
ISBN: 9781292040080
10th International Edition
Authors: Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, G. Robert Smith
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