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Question 28 2.5 pts How should taxes collected in advance in fiscal year 2018 be reported in the fiscal year 2018 General Fund financial statements?

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Question 28 2.5 pts How should taxes collected in advance in fiscal year 2018 be reported in the fiscal year 2018 General Fund financial statements? As revenue on the statement of revenues, expenditures, and changes in fund balance As an other financing source on the statement of revenues, expenditures, and changes in fund balance As a liability on the balance sheet. As a deferred inflow on the balance sheet. Previous Next

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