The city of Belle collects property taxes for other local governmentsBeau County and the Landis Independent School District (LISD). The city uses a Property Tax Collection Custodial Fund to account for its collection of property taxes for itself, Beau County, and LISD. The following transactions and events occurred for Belle's Custodial Fund. 1. Property taxes were levied for Belle ( $4,000,000), Beau County ( $2,000,000) and LISD ( $6,000,000). Assume taxes collected by the Custodial Fund will be paid to Belles General Fund. 2. Property taxes in the amount of $9,000,000 are collected. The percentage collected for each entity is in the same proportion as the original levy. 3. The amounts owed to Beau County and LISD are recognized. 4. The Custodial Fund distributes the amounts owed to the three governments. Prepare journal entries to record the above transactions and events for Belles Custodial Fund. If an entry affects more than one debit or credit account, enter the accounts in order of magnitude (largest to smallest balances), debits first.

	Account	Debit	Credit
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	To record levy of property tax.
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	To record the collection of part of the property tax.
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	To record allocation of property taxes collected.
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	To record distribution of property taxes collected.