The following transactions and events occurred for Belle's Custodial Fund. 1. Property taxes were levied for Belle ( $2,000,000), Beau County ( $1,000,000) and LISD ( $3,000,000). Assume taxes collected by the Custodial Fund will be paid to Belle's General Fund. 2. Property taxes in the amount of $4,500,000 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.

Debit Credit

Deductionsproperty taxes distributed to Landis ISD x x

Deductionsproperty taxes distributed to Beau County x x

Due to Landis ISD x x

Due to Beau County x x To record allocation of property taxes collected.

Debit Credit

Due to General Fund x x

Due to Landis ISD x x

Due to Beau County x x

Cash x 4,500,000 To record distribution of property taxes collected.

Fill in the missing x.