The journal entry to record the prior years deferred Inflows: property taxes (those expected to be collected more than 60 days beyond year-end) as revenue in the current year would include:

Multiple Choice

• A credit to Revenues Control.

• A debit to Deferred Inflows: Property Taxes; and a credit to Revenues Control.

• A debit to Deferred Inflows: Property Taxes.

• A debit to Revenues Control.