In [Para. 8-b-6]

How can I get amounts of additions and deductions ?

2. [Para. 8-b-2] Delinquent taxes and related interest and penalties were collected during the year for the taxing authorities shown below: Governments/Funds: Delinquent Interest and Taxes Penalties Total City of Smithville General Fund $ 387,201 $ 34,270 $ 421,471 Smithville CSD 722,650 57,810 780,460 Smith County 459,980 41,400 501,380 Smith County FPD 162,560 13,050 175,610 Total collected $1,732,391 $146,530 $1,878,921 Required: Record the collections of delinquent taxes and interest and penalties by recognizing specific liabilities to each fund or government. The 1 percent collection fee should be deducted from the amounts due to other governments; the total amount deducted from other governments should be added to the amount due to the City of Smithville General Fund. (Note: Round all amounts to the nearest whole dollar. Rounding will result in $1 too much, to rectify make the adjustment to the correct total amount to City of Smithville General Fund amount.) Make these entries only in the Tax Custodial Fund general journal. The Tax Custodial Fund records the total amount of delinquent taxes and related interest and penalties in the Taxes Receivable for Other Funds and Governments-Delinquent account. (Note: All cash receipts and collection fees were recorded in earlier chapters in the journals for the General Fund and governmental activities at the government-wide level. The collection fees, though not separately identified, were included in Revenues-Charges for Services in the General Fund and in Program Revenues-General Government-Charges for Services in governmental activities.)Para . 8 - b -4 ) Current taxes were col lected during the year for the funds and and governments shown below unds / Governments Current Taxes Collected City of Smithville General Fund $1 488 206 Smithville CSD 8 . 412 730 Smith County 2069.800 Smith County FPD 1747540 Total collected $13 718 276 Required : Record the collections of current taxes and recognize specific liabilities to each fund or government , after deducting the 1 percent collection fee from other governments and adding the total collection fee to the amount due the City City of Smithville General Fund . Make these entries only in the Tax Custodial Fund general journal