The Account Deferred Inflows of Resources-Unavailable Revenues Is Used in Governmental

question 24

Multiple Choice

The account Deferred Inflows of Resources-Unavailable Revenues is used in governmental funds to record  

• A) Property taxes that are considered uncollectible.
• B) Property taxes that have been collected but not yet earned.
• C) Property taxes that will not be collected within 60 days of fiscal year end.
• D) All of the above property taxes could be included in Deferred Inflows of Resources-Unavailable Revenues.

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