Solution-What amount of property tax revenues should the

What amount of property tax revenues should the city report

Reference no: EM133119491

Question - A city levies $200,000 of property taxes for its current fiscal year. One percent of the tax levy is expected to be uncollectible. The city collects $170,000 of its taxes during the year and another $25,000 during the first two months of the following year. What amount of property tax revenues should the city report in the General Fund financial statements for the current fiscal year?

Reference no: EM133119491

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What amount of property tax revenues should the city report

Reference no: EM133119491

Reference no: EM133119491

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