Revenue from property taxes should be recorded in the General Fund: O When received. O When there is an enforceable legal claim. When they are available for recognition. In the period for which the resulting resources are required or permitted to be used. O In the period in which the tax bills are mailed.
Revenue from property taxes should be recorded in the General Fund: O When received. O When there is an enforceable legal claim. When they are available for recognition. In the period for which the resulting resources are required or permitted to be used. O In the period in which the tax bills are mailed.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Revenue from property taxes should be recorded in the General Fund:
When received.
When there is an enforceable legal claim.
O When they are available for recognition.
O In the period for which the resulting resources are required or permitted to be used.
In the period in which the tax bills are mailed.
Question 4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1140ce19-3366-4e33-9f27-0205aebd97ac%2F61487f6f-2cfc-4037-ab02-50579a60924d%2Fqdomdn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Revenue from property taxes should be recorded in the General Fund:
When received.
When there is an enforceable legal claim.
O When they are available for recognition.
O In the period for which the resulting resources are required or permitted to be used.
In the period in which the tax bills are mailed.
Question 4
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