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Title: A government levies property taxes and awards discounts for timely payment. How Post by: goji.go on Oct 21, 2014 A government levies property taxes and awards discounts for timely payment. How should the government report discounts that it expects will be taken?
A. Report as expenditures in the year the taxes are levied. B. Report as expenditures in the year the discounts are awarded for early payments received. C. Report as other financing uses. D. Deduct from the amount of taxes levied to determine property tax revenues. Title: Re: A government levies property taxes and awards discounts for timely payment. How Post by: f_zah1 on Oct 22, 2014 Content hidden
Title: Re: A government levies property taxes and awards discounts for timely payment. How Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: A government levies property taxes and awards discounts for timely payment. How Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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