Garden city has calculated that general fund property tax revenues of $4,608,000 are required for the current fiscal year. over the past several years, the city has collected 96 percent of all property taxes levied. the city levied property taxes in the amount that will generate the required $4,608,000. which of the following general journal entries would correctly record the property tax levy? a. taxes receivable-current 4,608,000allowance for uncollectible current taxes 184,320revenues 4,423,680b. taxes receivable-current 4,800,000allowance for uncollectible current taxes 192,000revenues 4,680,000c. taxes receivable-current 4,608,000deferred inflow of resources-property taxes 184,320revenues 4,423,680d. taxes receivable-current 4,800,000deferred inflow of resources-property taxes 192,000revenues 4,680,000

the answer is either c or b, i cant be to sure tho.

yeah its a ok ! just ask the qestoin and someone well answer !

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.