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* Please Note that 2,700,000 isn't the right answer During the current year, Star County levied $3,000,000 in property taxes, 1.5% of which is expected
* Please Note that 2,700,000 isn't the right answer
During the current year, Star County levied $3,000,000 in property taxes, 1.5% of which is expected to be uncollectible. During the year, the county collected $2,700,000 and wrote off $25,000 as uncollectible. What amount should Star County report as property tax revenue in its government-wide statement of activities for the current year? Multiple Choice $2,700,000 $2,955,000 $2,975,000 $3,000,000
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