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Title: When making its year-end entries, the city’s accountant determines that $20,000 Post by: goji.go on Oct 20, 2014 When making its year-end entries, the city’s accountant determines that $20,000 of the city’s remaining current property taxes receivable would not be collected within the first sixty days of the next fiscal year, but would be collectible later in that year. At year-end, the city should report a $20,000 credit to:
a. revenues - property taxes b. property taxes receivable - delinquent c. deferred revenues - property taxes d. allowance for uncollectible taxes Title: Re: When making its year-end entries, the city’s accountant determines that $20,000 Post by: f_zah1 on Oct 23, 2014 Content hidden
Title: Re: When making its year-end entries, the city’s accountant determines that $20,000 Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: When making its year-end entries, the city’s accountant determines that $20,000 Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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