Business
Business, 30.10.2019 01:31, freddhendrickss

Delinquent taxes receivable in the amount of $17,150 were written off as uncollectible. interest and penalties already recorded as receivable on these taxes, amounting to $3,087, were also written off. additional interest on these taxes that had legally accrued was not recorded since it was deemed uncollectible in its entirety. required: record this transaction in the general fund and governmental activities journals.

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Delinquent taxes receivable in the amount of $17,150 were written off as uncollectible. interest and...

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