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The following activities occur for Park County. By year-end 2020, the county had distributed $1,900,000 of sales taxes due to the towns. In addition By

The following activities occur for Park County.

  1. By year-end 2020, the county had distributed $1,900,000 of sales taxes due to the towns. In addition By year-end 2020, the county had distributed $2,900,000 of sales taxes due to the state.

Using the attached T-account template or a spreadsheet with proper classifications and account names, prepare the journal entries to record the above activities in each fund

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