15:

A property tax lien is placed against taxpayer AAA for delinquent property taxes $2,000 and accrued penalties $200. The entry to record this transaction is

a.

Debit tax lien receivable $2,200; Credit revenue-property tax $2,000, revenue-penalties $200.

b.

Debit tax lien receivable $2,200; Credit property tax receivable-delinquent $2,000, revenue-penalties $200.

c.

Debit property tax receivable $2,200; Credit property tax receivable-delinquent $2,000, revenue-penalties $200.

d.

Debit tax lien receivable $2,200; Credit property tax receivable-delinquent $2,200