If property tax bills totaling $200,000 are mailed to taxpayers and a 3% loss on uncollectible taxes

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If property tax bills totaling $200,000 are mailed to taxpayers and a 3% loss on uncollectible taxes is expected, what amount should be recorded as revenue?

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Advanced Accounting

ISBN: 9780131851221

9th Edition

Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony

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