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question ii problems olve each of the following problems jefferson county maintains 4283743

Question

II. PROBLEMS olve each of the following problems Jefferson County maintains a tax ageney fund for use by the County Treasurer to record receivables, collections, and disbursements of all property tax collections to all units of government in the county the year 201S, the following taxes were levied: (32 points) . In 1 ss, soooo in property taxes were levied for the General Fund, of which 2% are deemed to be 2. S4,830,000 in property taxes were levied for the school district. 3$4,410.000 in property taxes were levied for a village in the county. The agency fund then collected 90% of the levy for each fund. The Jefferson County General Fund charges 1.5% of collections as a fee for maintaining the agencyfund. Prepare the journal entries for each unit and the Agency Fund to record these collections and fees.

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