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Cash (debit) 900,000 Taxes ReceivableDelinquent (debit) 8,000 Allowance for Uncollectible Delinquent Taxes (credit) 800 Interest and Penalties Receivable on Taxes (debit) 6,500 Allowance for Uncollectible

Cash (debit) 900,000 Taxes ReceivableDelinquent (debit) 8,000 Allowance for Uncollectible Delinquent Taxes (credit) 800 Interest and Penalties Receivable on Taxes (debit) 6,500 Allowance for Uncollectible Interest and Penalties (credit) 650 Fund Balance - Restricted (credit) 913,050 Record the adoption of the legal budget for the fiscal year end

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