Why might differences exist between the amount of property tax revenues recorded for the current year by

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Why might differences exist between the amount of property tax revenues recorded for the current year by governmental funds and the amount of property tax revenues recorded for the current year for governmental activities in a given year?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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Question Posted: Nov 10, 2018 11:55 AM

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Why might differences exist between the amount of property tax revenues recorded for the current year by

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Property tax revenue is an example of an imposed nonexchange revenue thus revenue should be credited ...View the full answer

Accounting for Governmental and Nonprofit Entities

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