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23. The city of Sacramento reported $34,000 of deferred property tax revenues in its General Fund at the end of its 2020 fiscal year. The
23. The city of Sacramento reported $34,000 of deferred property tax revenues in its General Fund at the end of its 2020 fiscal year. The 2021 deferred property tax revenues were collected during the last 10 months of the 2020 fiscal year. What adjusting journal entries should be made to prepare the city of Sacramento's 2021 government-wide financial statements? (6 points) Account Debit Credit
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