Accounting information users need reports about the economic ...

[dejastew]

Accounting information users need reports about the economic activities and condition of businesses.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Ledford County levied property taxes of 10,000,000, 2 of which is expected to be uncollectible. Prior to this new levy, the county still had  350,000 of uncollected taxes from previous years.
 
  How much should be reported as Taxes Receivable after the new levy has been recorded?
  a. 10,000,000
  b.  9,800,000
  c. 10,350,000
  d. 10,150,000
  e. None of the above.

[Juro]

Answer to Question 1

True

Answer to Question 2

C

[dejastew]

Thanks for the timely response, appreciate it

[pangili4]

Great answer, keep it coming