The State of New Mexico collects sales taxes both for itself and for counties that have elected to pa state tax. The state General Fund operates the Tax Agency Fund and receives a 45% colection le form of parting 1. The tax agency fund billed taxpayers $10,000,000 on behalf of other funds and unts 2. The state collected sales taxes totaling $7,000,000 for itself and participating counties 3. The state determined that $4,800,000 of the tax collections belonged to the state and that the distributed to the counties 4. Taxes and collections fee were forwarded to the state and the counties Journal entries in the Tax Agency Fund for transaction 1 would require A. Debit taxes receivable B. Debit cash C. Debit due to other funds and units D. Debit due to state E. Debit due to counties F Credit due to other funds and units G. Credit due to state Credit due to counties 12606 D. Debit due to state E. Debit due to counties F. Credit due to other funds and units G. Credit due to state H. Credit due to counties 1. Credit cash J. Credit revenue K. Credit taxes receivable AF OAJ OB.K OAI