1. The entry in the General Fund to record the property tax notices will include a: A. Debit to Cash, $8,400,000. B. Credit to General Revenues, $8,400,000. C. Debit to Taxes Receivable-Current, $8,750,000. D. Credit to Estimated Uncollectible Taxes Current, $336,000 2. The entry in the Government-wide journal to record the property tax notices will not include a: A. Debit to Taxes Receivable--Current, $8,400,000. B. Credit to General Revenues, $8,400,000. C. Debit to Taxes Receivable Current, $8,750,000. D. Credit to Estimated Uncollectible Taxes--Current, S350,000 3. The entry to record the collection of the taxes at the government-wide level will include a: A. Debit to Cash, $8,400,000. B. Credit to Taxes Receivable Current, $7,560,000. C. Debit to Taxes Receivable-Delinquent, $1,190,000. D. Credit to General Revenues, $7,560,000. 4. Summerville issued late notices those property owners who had not paid by October 5. The entry in the General Fund would include a: A. Credit to Taxes Receivable-Delinquent, $1,190,000. B. Credit to Estimated Uncollectible Delinquent Taxes, $336,000. C. Debit to Estimated Uncollectible Delinquent Taxes, $350,000. D. Debit to Taxes Receivable-Delinquent, $1,190,000. 5. The entry to record the January 18, 2021 write-off of the delinquent taxes would include a: A. Debit to Interest and Penalties Receivable, $140. B. Credit to Estimated Uncollectible Current Taxes, $114,000. C. Credit to Taxes Receivable-Delinquent, $114,000. D. Debit to Cash, $821,920. Use the following fact pattern to answer Questions 6 through 10: Capri County ordered $50,000 of goods at June 10, 2020 for Public Works. Approximately $40,000 of the order was received on June 19, the invoice was then received on June 20, and payment of $39,980 was made on June 29. The fiscal year 2020 ended at June 30, 2020. The remaining goods were received on July 2, 2020, at the beginning of fiscal year 2021. The invoice cost was $10,065 and was recorded on July 3, 2020. 6. On June 19, the entry to record the receipt of the goods would include a: A. Debit to Expenditures-2020, 40,000. B. Debit to Encumbrances-2020, S40,000. C. Credit to Cash, $39,980. D. Credit to Encumbrances-2020, $40,000. 7. On June 20, the entry to record the invoiced cost of the goods would include a: A. Debit to Expenditures-2020, 39,980. B. Debit to Encumbrances-2020, $39,980. C. Credit to Vouchers Payable, $40,000. D. Credit to Cash, $39,980. 8. The receipt of the remaining goods on July 2, 2020 would include a: A. Debit Encumbrances Outstanding 2021, $10,000. B. Credit Vouchers Payable, $10,065. C. Credit Encumbrances2020, $10,000. D. Credit Encumbrances2020, 10,065. 9. The journal entry at the government-wide level to record the July 3, 2020 entry to record the invoiced cost of the goods would include a: A. Debit to Expenditures-2020, $10,000. B. Credit to Vouchers Payable, $10,065. C. Debit to Expenses Public Works, $10,000. D. Credit to Vouchers Payable, $10,000. 10. The journal entry at the governmental fund level to record the July 3, entry to record the invoiced cost of the goods would include a A. Credit to Vouchers Payable, $10,000. B. Debit to Expenditures-2021, $10,065. C. Debit to Expenditures-2021, $65. D. Credit to Vouchers Payable, $10,000. Use the following fact pattern to answer Questions 1 through 5: Summerville is preparing to send out its property tax notices to property owners. The net levy for Fiscal Year 2021 is $8,400,000. The estimated uncollectible taxes were 4 percent. The notices were sent on July 2, 2020. Approximately $7,560,000 of the taxes were collected on October 5, 2020. Interest and penalties of $2,800 were assessed on this date, of which $300 were estimated to be uncollectible. On December 5, 2020, approximately $820,000 of the delinquent taxes were collected as well as $1,920 of interest and penalties. On January 18, 2021, the property tax board wrote off $114,000 of the delinquent taxes along with $140 of associated interest and penalties. 1. The entry in the General Fund to record the property tax notices will include a: A. Debit to Cash, $8,400,000. B. Credit to General Revenues, $8,400,000. C. Debit to Taxes Receivable-Current, $8,750,000. D. Credit to Estimated Uncollectible Taxes Current, $336,000 2. The entry in the Government-wide journal to record the property tax notices will not include a: A. Debit to Taxes Receivable--Current, $8,400,000. B. Credit to General Revenues, $8,400,000. C. Debit to Taxes Receivable Current, $8,750,000. D. Credit to Estimated Uncollectible Taxes--Current, S350,000 3. The entry to record the collection of the taxes at the government-wide level will include a: A. Debit to Cash, $8,400,000. B. Credit to Taxes Receivable Current, $7,560,000. C. Debit to Taxes Receivable-Delinquent, $1,190,000. D. Credit to General Revenues, $7,560,000. 4. Summerville issued late notices those property owners who had not paid by October 5. The entry in the General Fund would include a: A. Credit to Taxes Receivable-Delinquent, $1,190,000. B. Credit to Estimated Uncollectible Delinquent Taxes, $336,000. C. Debit to Estimated Uncollectible Delinquent Taxes, $350,000. D. Debit to Taxes Receivable-Delinquent, $1,190,000. 5. The entry to record the January 18, 2021 write-off of the delinquent taxes would include a: A. Debit to Interest and Penalties Receivable, $140. B. Credit to Estimated Uncollectible Current Taxes, $114,000. C. Credit to Taxes Receivable-Delinquent, $114,000. D. Debit to Cash, $821,920. Use the following fact pattern to answer Questions 6 through 10: Capri County ordered $50,000 of goods at June 10, 2020 for Public Works. Approximately $40,000 of the order was received on June 19, the invoice was then received on June 20, and payment of $39,980 was made on June 29. The fiscal year 2020 ended at June 30, 2020. The remaining goods were received on July 2, 2020, at the beginning of fiscal year 2021. The invoice cost was $10,065 and was recorded on July 3, 2020. 6. On June 19, the entry to record the receipt of the goods would include a: A. Debit to Expenditures-2020, 40,000. B. Debit to Encumbrances-2020, S40,000. C. Credit to Cash, $39,980. D. Credit to Encumbrances-2020, $40,000. 7. On June 20, the entry to record the invoiced cost of the goods would include a: A. Debit to Expenditures-2020, 39,980. B. Debit to Encumbrances-2020, $39,980. C. Credit to Vouchers Payable, $40,000. D. Credit to Cash, $39,980. 8. The receipt of the remaining goods on July 2, 2020 would include a: A. Debit Encumbrances Outstanding 2021, $10,000. B. Credit Vouchers Payable, $10,065. C. Credit Encumbrances2020, $10,000. D. Credit Encumbrances2020, 10,065. 9. The journal entry at the government-wide level to record the July 3, 2020 entry to record the invoiced cost of the goods would include a: A. Debit to Expenditures-2020, $10,000. B. Credit to Vouchers Payable, $10,065. C. Debit to Expenses Public Works, $10,000. D. Credit to Vouchers Payable, $10,000. 10. The journal entry at the governmental fund level to record the July 3, entry to record the invoiced cost of the goods would include a A. Credit to Vouchers Payable, $10,000. B. Debit to Expenditures-2021, $10,065. C. Debit to Expenditures-2021, $65. D. Credit to Vouchers Payable, $10,000. Use the following fact pattern to answer Questions 1 through 5: Summerville is preparing to send out its property tax notices to property owners. The net levy for Fiscal Year 2021 is $8,400,000. The estimated uncollectible taxes were 4 percent. The notices were sent on July 2, 2020. Approximately $7,560,000 of the taxes were collected on October 5, 2020. Interest and penalties of $2,800 were assessed on this date, of which $300 were estimated to be uncollectible. On December 5, 2020, approximately $820,000 of the delinquent taxes were collected as well as $1,920 of interest and penalties. On January 18, 2021, the property tax board wrote off $114,000 of the delinquent taxes along with $140 of associated interest and penalties