During 2017, a state has the following cash collections related to state income taxes Assuming that the state defines "available" as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2017 governmental fund financial statements related to state income taxes?
A) $400.
B) $430.
C) $465.
D) $490.

Question

During 2017, a state has the following cash collections related to state income taxes  Assuming that the state defines "available" as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2017 governmental fund financial statements related to state income taxes?
A) $400. 
B) $430. 
C) $465. 
D) $490.

Quizplus · Accepted Answer

The Answer of During 2017, a state has the following cash collections related to state income taxes  Assuming that the state defines "available" as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2017 governmental fund financial statements related to state income taxes?
A) $400. 
B) $430. 
C) $465. 
D) $490.

During 2017, a State Has the Following Cash Collections Related