9. Current taxes receivable uncollected at year-end, and the related Allowance for Uncollectible Current Taxes account, were both reclassified as delinquent.

Required: Record this transaction in the General Fund and governmental activities journals. Problem information below.

General Ledgeri Debits -Credits Account Title Cash 194.660T 258,906' 40,110 165,000'T axes Receivable Delinquent Allowance for Uncollectible Delinquent Taxes Interest and Penalties Receivable on Taxes Allowance for Uncollectible Interest and Penalties Due from State Government Land Infrastructure Accumulated Depreciation-Infrastructure Buildings Accumulated Depreciation--Buildings Equipment Accumulated Depreciation-Equipment Vouchers Pavable Net Position-Net Investment in Capital Assets -* Net Position-Restricted for Public Safety Net Position-Unrestricted $57,800 11,726T 4,180,000 9,862,000 2,713,944" 1,731,0001 +1,765,480T 6,296,000 3,556,800T 136,027T 17,684,376 15,000 438,123 $24.553,476 Totals $24,553476 General Fund Information The following budget for the General Fund of the City of Smithville was legally adopted for the fiscal year ending December 31, 2017. Estimated Revenues: $1,679,070 Taxes-Real Property Interest and Penalties on Taxes 9,000 600,000 T 410,000T 275,000 T 236,000 Licenses and Permits -+-Fines and Forfeits Intergovernmental Revenue Charges for Services Total Estimated Revenu 531209,070 es Appropriations:i 617.200 1,436,600 805,000 General Government Public Safety Public Works +Culture and Recreation 360,300T Total Appropriations $3,219,100 In January 2, 2017, real property taxes were levied for the year in the amount of $1,731,000. It was estimated that 3 percent of the levy would be uncollectible. Cash was received during the year in the total amount of S3,399,599 for collections from the following receivables and cash revenues, as indicated: TI Current Property Taxes Delinquent Property Taxes Interest and Penalties Receivable on Taxes-34,270 Due from State Government S1,561,535T 235,0001 165,000T Revenues: (total: $1,403,794) 601,3141 410,660 T 160,000li 231,820 - Licenses and Permits -+ Fines and Forfeits Intergovernmental + Charges for Services Total $3,399,599