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The following information pertains to property tax transactions in GF of SB City during the fiscal year 2017. GF city has collected $1,900,000 of property

The following information pertains to property tax transactions in GF of SB City during the fiscal year 2017.

GF city has collected $1,900,000 of property taxes billed by the due date.

Prepare any necessary journal entries for the above transactions for respective fund statements and government wide financial statements.

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