Question
Can someone please help me. I'm stuck on posting toe he Government Activities General Journal. Cash was received during the year in the total amount
Can someone please help me. I'm stuck on posting toe he Government Activities General Journal.
Cash was received during the year in the total amount of $3,399,599 for collections from the following receivables and cash revenues, as indicated:
Current Property Taxes $1,561,535
Delinquent Property Taxes 235,000
Interest and Penalties Receivable on Taxes 34,270
Due from State Government 165,000
Revenues: (total: $1,403,794)
Licenses and Permits 601,314
Fines and Forfeits 410,660
Intergovernmental 160,000
Charges for Services 231,820
Total $3,399,599
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