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goji.go goji.go
wrote...
Posts: 5977
9 years ago
In Year 1, a county levied $1,500,000 of property taxes and collected $1,400,000 of that levy; in Year 2, the levy was $1,550,000 and the related collections totaled $1,495,000; in Year 3, the levy was $1,575,000 and the related collections totaled $1,530,000. Also, collections of past due taxes in Years 1, 2, and 3 were $15,000, $14,000, and $19,000, respectively. Assuming that the General Fund’s deferred revenue at the beginning of Year 1 was $410,000, what would deferred revenue be as of the end of Year 3?
A.   $362,000.
B.   $562,000.
C.   $610,000.
D.   $658,000.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
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Posts: 10774
9 years ago
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negrazul

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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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