During the first year of operations, revenues from the newly imposed tax totaled $500,000. Of...

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Accounting

During the first year of operations, revenues from the newly imposed tax totaled $500,000. Of this amount, $450,000 has been received in cash and the remainder will be received within 60 days of the end of the fiscal year.
Expenditures (salaries) incurred through the operation of the 911 emerge

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