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Author Question: What would be an appropriate account number for Unearned Revenues? a. 12 b. 21 c. 32 d. ... (Read 20 times)

DyllonKazuo

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on: Jul 6, 2018
What would be an appropriate account number for Unearned Revenues?
 a. 12
  b. 21
  c. 32
  d. 42

Question 2

A city levies 200,000 of property taxes for its current fiscal year. One percent of the tax levy is expected to be uncollectible.
 
  The city collects 170,000 of its taxes during the year and another 25,000 during the first two months of the following year. What amount of property tax revenues should the city report in the General Fund financial statements for the current fiscal year?
  A. 200,000
  B. 198,000
  C. 195,000
  D. 170,000.


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mammy1697

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

C


DyllonKazuo

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Reply #2 on: Jul 6, 2018
Correct answers!


mammy1697

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Reply #3 on: Jul 6, 2018
Great! Please up vote :D


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