What is the general rule for recognizing property taxes as revenues? How would property taxes be accounted

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What is the general rule for recognizing property taxes as revenues? How would property taxes be accounted for differently in the fund statements, as opposed to in the government-wide statements?

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Government and Not-for-Profit Accounting Concepts and Practices

ISBN: 978-1119495857

8th edition

Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese, Daniel L. Smith

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Question Posted: Feb 21, 2020 05:55 AM

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What is the general rule for recognizing property taxes as revenues? How would property taxes be accounted

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Property taxes should be recognize...View the full answer

Government and Not-for-Profit Accounting Concepts and Practices

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