Ben City maintains its books and records in a manner that facilitates the preparation of fund financial statements. Prepare all necessary journal entries to record the following events related to property tax revenues for the year ended December 31, 2015. The city has adopted the 60-day rule for property tax revenue recognition.

a. On January 3, 2015 the city council levied property taxes of $2 million to support general government operations, due in two equal installments on June 20 and December 20,2014. The property taxes were levied to finance the 2015 budget, which had been adopted on November 3, 2014. Historically 1.5 percent of property taxes are uncollectible.

b. During 2015 the City collected $1.8million.

c. In January 2016 the City collected an additional $175,000 in 2015 taxes.

d. The City reclassified as delinquent the $25,000 of 2015 taxes not yet collected.

e. In December 2016 the City wrote off $10,500 of 2015 taxes that it determined would be uncollectible.