Question

Washington County's general fund levies a property tax on January 1, 2018 in the amount of...

Washington County's general fund levies a property tax on January 1, 2018 in the amount of $5,000,000. At the time of the levy, the county expected 1% to be uncollectible. In addition, the county expected $20,000 to be collectible, but not until April of 2019. Prepare the entry for this property tax levy on January 1, 2018. Then, by December 31, 2018, the county had collected $3,000,000 and the remainder is now considered to be delinquent. In addition, the government now expects $50,000 to be collectible in April of 2019. Prepare the entry for the collection of cash and the delinquent property taxes and the amount to be collected in April.

Make sure to separate your entries so that I can distinguish the from eachother.

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