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In a Word document, give the Journal Entries and explanations for the following transactions: 1. Recording the property tax levy.] 2. Collection of Current Taxes
In a Word document, give the Journal Entries and explanations for the following transactions:
1. Recording the property tax levy.]
2. Collection of Current Taxes
3. Reclassification of Current Property Taxes
4. Collection of Delinquent Taxes
5. Write off of Uncollectible Delinquent Taxes
6. Recording of Other Revenues.
7. Closing Entries
Provide the entries at the General Fund level AND the government-wide level.
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