Why can a governmental unit record property tax revenues in the accounts before these revenues are actually

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Why can a governmental unit record property tax revenues in the accounts before these revenues are actually received in cash? Why are other types of revenues, such as income taxes and license fees, recorded in the accounts after cash is received?

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Introduction To Government And Not For Profit Accounting

ISBN: 9780130464149

5th Edition

Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch

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Question Posted: Jun 04, 2024 02:13 AM

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Why can a governmental unit record property tax revenues in the accounts before these revenues are actually

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Introduction To Government And Not For Profit Accounting

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