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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activities–Illustrative Transactions and Financial Statements
  5. Question
    Estimated Uncollectible Tax Amounts Are Recorded in the General Fund
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Estimated Uncollectible Tax Amounts Are Recorded in the General Fund

Question 64

Question 64

True/False

Estimated uncollectible tax amounts are recorded in the General Fund general journal as a reduction in revenues and in the governmental activities journal as a bad debt expense.

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