4. The Town of Ashland levied property taxes in the amount of $800,000. The town estimates that 1 percent will be uncollectible. The journal entry to record the tax levy will include A. A debit to cash for $792,000. B. A credit to revenues for $792,000. C. A debit to estimated uncollectible current taxes for $8,000. D. A debit to estimated revenues for $800,000