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During 2017, a State Has the Following Cash Collections Related

Question 60

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During 2017, a state has the following cash collections related to state income taxes During 2017, a state has the following cash collections related to state income taxes Assuming that the state defines available as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2017 governmental fund financial statements related to state income taxes? A) $400. B) $430. C) $465. D) $490. Assuming that the state defines "available" as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2017 governmental fund financial statements related to state income taxes?


A) $400.
B) $430.
C) $465.
D) $490.

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