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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 21, 2014



Title: Ledford County levied property taxes of $10,000,000, 2% of which is expected to
Post by: goji.go on Oct 21, 2014
Ledford County levied property taxes of $10,000,000, 2% of which is expected to be uncollectible. Prior to this new levy, the county still had $ 350,000 of uncollected taxes from previous years. How much should be reported as Taxes Receivable after the new levy has been recorded?
A.   $10,000,000.
B.   $9,800,000.
C.   $10,350,000.
D.   $10,150,000.


Title: Re: Ledford County levied property taxes of $10,000,000, 2% of which is expected to
Post by: f_zah1 on Oct 22, 2014
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Title: Re: Ledford County levied property taxes of $10,000,000, 2% of which is expected to
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: Ledford County levied property taxes of $10,000,000, 2% of which is expected to
Post by: f_zah1 on Oct 23, 2014
You're very welcome!