Examlex
An awareness of the normal balances of accounts would help you spot which of the following as an error in recording?
Assessed Values
Assessed values are the valuation of property, usually by a public tax assessor, for the purpose of determining property taxes.
Mill Rate
The amount of tax payable per dollar of the assessed value of a property.
Current Assessment
An evaluation or estimation of the present status, value, or condition of something.
Percentage
A fraction or ratio expressed as a part of 100, used to denote a proportion of a whole.
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