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Coleman County levied 20X9 Property Taxes on January 1, 20X9. The tax levy was $7,000,000; 1% is expected to be uncollectible. Prepare the journal

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Coleman County levied 20X9 Property Taxes on January 1, 20X9. The tax levy was $7,000,000; 1% is expected to be uncollectible. Prepare the journal entries for the above transaction.

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