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The entry to record the billing of taxes by a government is: Taxes Receivable debit Revenue credit (Incorrect) Taxes Receivable - current debit and Revenue

The entry to record the billing of taxes by a government is:

Taxes Receivable debit Revenue credit (Incorrect)

Taxes Receivable - current debit and Revenue and estimated Uncollectable accounts credit

Cash debit and Revenue from Taxes credit

There is no entry until the tax money is received

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