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Ali declares bankruptcy lel, owing the County $2,000 in property taxes. The County* writes off the unpaid amount as uncollectible. What entry should the

Ali declares bankruptcy lel, owing the County $2,000 in property taxes. The County* writes off the unpaid amount as uncollectible. What entry should the County make to record the writes off the unpaid amount as uncollectible. DR. Property taxes receivable 2000 CR. Revenues - property taxes 2000 DR.Property taxes receivable 2000 CR. Allowance for refunds and uncollectible taxes 2000 DR.Allowance for refunds and uncollectible taxes 2000 CR. Property taxes receivable 2000 DR. Revenues-property taxes 2000 CR. Property taxes receivable 2000

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