The Town of Hampton's Accounting System Stipulates That All Revenue

The Town of Hampton's accounting system stipulates that all revenue and operating transfers shall be accounted for on the modified accrual basis. Use the following classification to classify each General Fund transaction that follows by placing the appropriate letter in the space next to each item:
a. Revenue
b. Other Financing Source or Use-Transfers In or Out
c. Neither a revenue nor an operating transfer
Transactions:
$$\begin{array} { c | l } \text { 1. } & \text { Collection of current-year property taxes, previously levied } \\\hline 2 . & \text { Collection of prior years' taxes } \\3 . & \text { Collection of traffic fines } \\4 . & \text { Collection of taxes applicable to prior year which, due to an } \\& \begin{array} { l } \text { assessor's error, had not been recorded as receivable in that } \\\text { year }\end{array} \\5 . & \text { Levy of current year property taxes, collected either this year } \\& \text { or within } 60 \text { days thereafter } \\\hline 6 . & \text { Collection of charges for services } \\\hline \text { 7. } & \begin{array} { l } \text { Levy of current year property taxes, collected more than } 60 \\\text { days after year-end }\end{array} \\\hline 8 . & \begin{array} { l } \text { Remittance to debt service fund of collections of taxes for debt } \\\text { service }\\\end{array} \\\hline 9 . & \begin{array} { l } \text { Charge to a special revenue fund for supplies transferred to it at cost} \\\end{array} \\\hline\end{array}$$