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On the statement of changes in fiduciary net position for a countys Property Tax Custodial Fund, property taxes distributed to the local governments should be
- On the statement of changes in fiduciary net position for a countys Property Tax Custodial Fund, property taxes distributed to the local governments should be reported as an operating expense.
- On the statement of changes in fiduciary net position for a countys Property Tax Custodial Fund, property taxes distributed to the county should be reported as a transfer out.
T/F- This is all that is given
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