Question: Which entry below would properly record the levy (not the collection) of $10,000 of property tax, assuming that the city includes in its entry

Which entry below would properly record the levy (not the collection) of

Which entry below would properly record the levy (not the collection) of $10,000 of property tax, assuming that the city includes in its entry a 4% allowance for uncollectible accounts? a. Debit Cash $10,000 Credit Revenue - Property tax $10,000 b. Debit Property Tax Receivable $10,000 Credit Revenue-property tax $10,000 c. Debit Property Tax Receivable $10,000 Credit Allowance for Uncollectible Accounts $ 400 Credit Revenue - Property tax $9,600 d. Debit Expenditures - uncollectible accounts $ 400 Debit Property Tax Receivable $10,000 Credit Allowance for Uncollectible Acounts $ 400 Credit Revenue - property tax $10,000

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