Business, 27.11.2019 07:31 emmagbales

The county collects taxes on behalf of the county, city, and a special purpose district. for 2020, the taxes to be levied by the government are county $ 632,000 city 917,000 special purpose district 26,000 total $ 1,575,000 what type of fund will the county use to account for tax collection and distribution? the county will use a trust fund. the county will use a custodial fund. the county will use a special revenue fund. the county will use the general fund. on the date the taxes are levied, the county would credit which of the following accounts in the fund used to account for tax collection and distribution? due to other funds and governments. revenues—taxes. additions—other funds and governments. accrued taxes. if the county assessed a 1 percent administrative fee, it would be recorded by the county in the fund used to account for tax collection and distribution as a credit to? revenue. transfer in. additions—fund equity. due to county. rev: 09_17_2018_qc_cs-138518, cs-138521

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The county collects taxes on behalf of the county, city, and a special purpose district. for 2020, t...

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