The following transactions occurred during the 2022 fiscal year for the City of Glendale, AZ: 1. The current year's tax levy of $1,045,000 was recorded, uncollectibles were estimated as $90,000. 2. Tax collections from prior years' levies totaled $37,500; collections of the current year's levy totaled $492,000 The journal entry in the General Fund to record transaction #1 would be A Taxes Receivable - Delinquent DEBIT $ 1.045.300 CREDIT Estimated Uncollectible Taxes- $ 90.000 Delinquent Revenues $ 955.000 B Taxes Receivable - Current $ 1045.000 Estimated Uncollectible Taxes- $ 90000 Current Revenues FEC B Taxes Receivable-Current Estimated Uncollectible Taxes- Current Revenues $1,045,000 $ 955.000 $ 90,000 $ 955.000 C Taxes Receivable-Delinquent $ 955,000 $ 955.000 Revenues $ 955.000 D Taxes Receivable - Current Revenues $ 955.000 OD oc 4 OB OA