contestada

A city levies property taxes of $500,000 for its General Fund for a year and expects to collect all except the estimated uncollectible amount of $5,500 by year end. To reflect this information, the city should record General Fund revenues of______________.

Respuesta :

kaympoey08

Answer:

The city should record General Fund revenue of $494,500

Explanation:

500 000 -55000= 494 500

This is realised revenue