At the end of the fiscal year,uncollected property taxes in the general fund should be:
A)reclassified from current to delinquent.
B)written off as uncollectible.
C)charged against unreserved fund balance.
D)reclassified from current to noncurrent.

Question

Quizplus · Accepted Answer

Uncollected property taxes at the end of the fiscal year should be reclassified from current to delinquent to accurately reflect their status in financial statements.

At the End of the Fiscal Year,uncollected Property Taxes in the General