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Author Question: A municipality uses the allowance method to record uncollectible property taxes. If it decides to ... (Read 57 times)

tfester

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on: Jul 5, 2018
A municipality uses the allowance method to record uncollectible property taxes. If it decides to write off an account as uncollectible, it should:
 
  a. debit bad debts expenditures; credit allowance for uncollectible property taxes
  b. debit allowance for uncollectible property taxes; credit property taxes receivable
  c. debit allowance for uncollectible property taxes; credit property tax revenues
  d. debit property tax revenues; credit property taxes receivable

Question 2

Cloud computing is the use of the Internet to provide scalable services, such as software, and resources, such as data storage, to users.
  Indicate whether the statement is true or false


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stillxalice

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

T


tfester

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

alvinum

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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