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Delinquent property taxes of $5,000 will not likely be collected until 90 days or more after the end of 2019 . The entry when the
Delinquent property taxes of $5,000 will not likely be collected until 90 days or more after the end of 2019 . The entry when the taxes are collected in 2020 would indude: a debit to Revenue in the General Fund. a debit to Deterred inflows of Resources in the Oeneral Fund. the same accounting for Govemment Wide reporing as for the General Fund. a credit to Deferred inflows of Resources in the General Fund
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