Some questions in regards to nonprofit accounting-

I have a bond.

The principal is $3,000,000

The interest is 5%

interest payment is twice a year on jan 1 and july 1

1. How do I record that property taxes were levied? There are no uncollectible estimates.

2. How do I record that uncollectible taxes are reclassified as "delinquent"?

3. How do I record that property taxes were collected?

Thank you!