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Para. 4-a-9] Interest and penalties receivable on delinquent taxes was increased by $11,000; $3,500 of this was estimated as uncollectible. Required: Record this transaction in
Para. 4-a-9] Interest and penalties receivable on delinquent taxes was increased by $11,000; $3,500 of this was estimated as uncollectible.
Required: Record this transaction in the General Fund and governmental activities journals as a revenue transaction.
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