Business, 16.10.2021 20:20 dasharia

Franklin County tax assessor levied $650,000 in taxes at year-end. Approximately five percent of the levies are estimated uncollectible. Expected collections of the levies break down as follows: Franklin County $500,000 with expected uncollectible $25,000; school district $100,000 with expected uncollectible $5,000; fire district $50,000 with expected uncollectible $2,500. In the Franklin County basic financial statements, the tax agency fund should report what amount of assets and liabilities

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Franklin County tax assessor levied $650,000 in taxes at year-end. Approximately five percent of the...