Event 1 - The Blake County commissioners pass a property tax levy totaling $5,100,000. Based on prior year collection rates, it is estimated that $100,000 in property taxes will be uncollectible.

Event 2 - During 2011, the general fund of Blake County collected $405,000 in licenses and permits.

Problem 1.

Event 1: The Blake County commissioners pass the property tax levy and taxpayers are billed for property taxes.

For each general fund account listed below, indicate whether the account will be debited, credited, or is not affected by this event. Click in the associated cell and select the appropriate answer.

Account Title Debit/Credit/Not Affected

Allowance for Uncollectible Taxes

Appropriations (Control)

Bad Debt Expense

Cash

Estimated Reveunes (Control)

Property Tax Receivable

Revenues (Control)

Answer if the account is debited, credited, or not affected.