During 2016 the tax agency fund collected and remitted $150,000 of the 2016 levies to the various

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During 2016 the tax agency fund collected and remitted $150,000 of the 2016 levies to the various governmental units. The collection fees associated with the $150,000 were remitted to Laramee’s general fund before year-end.

REQuIRED: Prepare a statement of fiduciary net position for the City of Laramee Tax Agency Fund at December 31, 2016.

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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