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goji.go goji.go
wrote...
Posts: 5977
9 years ago
At the beginning of the year 2013, a town recorded General Fund property tax receivables of $600,000. By year-end (December 31), taxpayers had paid a total $575,000. Based on previous experience, the town expected to collect the $25,000 of delinquent taxes as follows: $10,000 in January and February of 2014 and $15,000 between March and August of 2014. How much should the town report as property tax revenue in its General Fund statements for the year 2013?
      a.   $585,000
      b.   $600,000
      c.   $590,000
      d.   $575,000
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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