Jefferson County maintains a tax agency fund for use by the county treasurer to record receivables, collections, and disbursements of all property tax collections to all units of government in the county. In the year 2005, the following taxes were levied: 1. $4,000,000 in property taxes was levied for the general fund, of which 3 percent was deemed to be uncollectible 2. $2,000,000 in property taxes levied for the school district 3. $1,250,000 in property taxes for a village in the county Required: A. Prepare the journal entries for each unit and the agency fund to record these levies. The agency fund then collected 90 percent of the levy for each fund. The Jefferson County general fund charges 2 percent of collections as a fee for maintaining the agency fund. B. Prepare the journal entries for each unit and the agency fund to record these collections and fees.