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. Governmental Accounting Property Tax Revenue Recognition 100 Year 1 Tax Receivable Estimated Uncollectible Revenue Year 2 Tax Receivable Estimated Uncollectible Revenue 100 2 98
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Governmental Accounting Property Tax Revenue Recognition 100 Year 1 Tax Receivable Estimated Uncollectible Revenue Year 2 Tax Receivable Estimated Uncollectible Revenue 100 2 98 2 98 Not Available 40 Not Available 25 1. Which method of accounting (Modified or Accrual) will have higher Revenues in Year 2? 2. By how much? Governmental Accounting Property Tax Revenue Recognition 100 Year 1 Tax Receivable Estimated Uncollectible Revenue Year 2 Tax Receivable Estimated Uncollectible Revenue 100 2 98 2 98 Not Available 40 Not Available 25 1. Which method of accounting (Modified or Accrual) will have higher Revenues in Year 2? 2. By how muchStep by Step Solution
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