The City of Charleston Recorded Its FY 2011 Property Tax

Short Answer

The City of Charleston recorded its FY 2011 property tax levy in the general fund.It was estimated that $6,000 would be uncollectible.When the tax levy is recorded,indicate whether each of the following accounts of the General Fund should be debited (D),credited (C),or is not affected (N).
_____ 1.Taxes Receivable Current
_____ 2.Bad Debt Expense
_____ 3.Estimated Uncollectible Current Taxes
_____ 4.Revenues
_____ 5.Estimated revenues