b. The following schedule shows the tax rates that have been established by the various taxing authorities for fiscal year 2017.

I need the journal entries for these please

The City of Smithville administers a tax agency fund that bills and collects property taxes levied by the governing bodies of the Smithville Consolidated School District (CSD), Smith County, and the Smith County Fire Protection District (FPD), in addition to those levied by the City of Smithville for its General Fund. (Note: Beginning in FY 2018, the tax agency fund will also account for property tax billing and collection for the City of Smithville's debt service fund. That fund will not levy property taxes for FY 2017.) As permitted by state law, the City of Smithville charges a collection fee of one percent of all taxes collected for the other governments CITY OF SMITHVILLE Tax Agency Fund Post-closing Trial Balance As of December 31, 2016 Account Title Debits Credits Taxes Receivable for Other Funds and $1,977,075 Governments-Delinquent (including related interest and penalties) Due to other Funds and Governments 1.977.075 $1.977.075 1.977.075 Totals Required a. Open a general journal as of December 31, 2016, for the Tax Agency Fund by entering the two accounts and amounts shown in the above post-closing trial balance. Enter 2016 from the drop-down [Yearl menu. Each of the account titles will be found in the drop down menu [Account Description)) in the IJournall view of the program. Be sure to enter 8-a as your paragraph number in the [Transaction Description] box. Verify the accuracy of your journal entry and post it to the general ledger by clicking IPost Entries I. Unless your instructor specifies electronic submission, print a post-closing trial balance as of December 31, 2016 and retain it in your cumulative file until directed by your instructor to submit it