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Revenues that came from imposed nonexchange transactions

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Reference no: EM131876418

For the year ended December 31, 2012, the general fund of Ward Village reported revenues from the following sources on the statement of revenues, expenditures, and changes in fund balances:

Sales taxes $ 25,000 Property taxes 125,000 Income taxes 15,000 Fines 10,000 In accordance with GASB 33, Accounting and Reporting for Nonexchange Transactions, what is the amount of revenues that came from imposed nonexchange transactions?

 

Reference no: EM131876418

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