Question
In September 2019, police issued JD2,000 in parking tickets. Of the fines assessed, JD1,300 are paid without protest by the due date of December 31,
In September 2019, police issued JD2,000 in parking tickets. Of the fines assessed, JD1,300 are paid without protest by the due date of December 31, 2019. Of the balance, JD 100 have been protested and are subject to hearings. The government estimates that an additional JD180 will trickle in during January 2020 and JD 100 in April 2020. The balance of JD320 will be uncollectible. The amount of revenue that the city should recognize in its 2019 governmental fund financial statements related to fines is Select one a JD 680 bD1580 c. None of the other choices d. 101,480
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