1. At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019. Additional information is as follows:

1. $350,000 of the beginning balance is considered uncollectible.
2. During 2020 the county sends out tax bills in the amount of $10,000,000
3. $600,000 of the 2020 tax bills are expected to be uncollectible
4. Cash collections on 2019 taxes are $140,000
5. The remaining 2019 uncollected taxes are written off
6. Cash collections on 2020 taxes are $9,500,000
7. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible.

Using the attached T-account template OR a spreadsheet with proper classifications and account names, document the beginning balance (labeled BAL) and prepare all necessary entries.