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i need steps for the solution A village levied property taxes of 51.365.000 for calendar year 2022 on January 1, 2022 and immediately set up
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A village levied property taxes of 51.365.000 for calendar year 2022 on January 1, 2022 and immediately set up an allowance of 515.000 for uncollectible taxes. The village coleded 51.305,000 in cath during 2022. It expected to collect $33,000 of the unpad taxes during the first 60 days of 2023 and an additional $12,000 during the rest of 2023 How much should the village recognize as property tax revenues in its 2022 General Fund financial statements? Select one 51,305.000 b. 51 33 LOOD 51365.000 d511350.000 Step by Step Solution
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