What is the correct journal entry for a Tax Custodial Fund to record tax levies...
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Accounting
What is the correct journal entry for a Tax Custodial Fund to record tax levies on behalf of other governments?
Multiple Choice
A. Taxes Receivable
Transfer Out
B. Taxes Receivable - Current
Due to Other Governments
C. Taxes Receivable for Other Governments
Additions Tax Collections for Other Governments
D. Taxes Receivable - Current
Revenues Control
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