Business, 11.10.2019 03:00 promcafee8788

Garden city has calculated that general fund property tax revenues of $4,608,000 are required for the current fiscal year. over the past several years, the city has collected 96 percent of all property taxes levied. the city levied property taxes in the amount that will generate the required $4,608,000. which of the following general journal entries would correctly record the property tax levy? a. taxes receivable-current 4,608,000allowance for uncollectible current taxes 184,320revenues 4,423,680b. taxes receivable-current 4,800,000allowance for uncollectible current taxes 192,000revenues 4,680,000c. taxes receivable-current 4,608,000deferred inflow of resources-property taxes 184,320revenues 4,423,680d. taxes receivable-current 4,800,000deferred inflow of resources-property taxes 192,000revenues 4,680,000

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Garden city has calculated that general fund property tax revenues of $4,608,000 are required for th...