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i need journal entries for the events 9. Unpaid salaries at year-end (to be paid during the first week of 2020) were as follows: Public
i need journal entries for the events
9. Unpaid salaries at year-end (to be paid during the first week of 2020) were as follows: Public safety Public works Parks $350,000 $250,000 $100,000 10. At year-end, the umcollected property taxes were declared delinquent. The existing allowance for uncollectible taxes is reclassified to delinquent. Frisco's director of finance estimated that $500,000 of the uncollected taxes would be collected in January amd February 2020 and $400,000 would be collected during the rest of 2020. 11. In January 2020, the state advised Frisco that the state held $500,000 in personal income taxes on the citys behalf and that it would send the 30, Frisco would receive and additional $200,000 of taxes with final returns, but that tax refunds would probably be $300,000. taxes to Frisco by February 10. It also told Frisco that it was likely that by April (Remember that "available" for income taxes is defined as taxes expected to be collected within 120 days after the end of the calendar year) 12. Police officers who retired at the end of 2019 will be paid $10,000 for unused vacation pay on January 6, 2020 Step by Step Solution
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