d. As of September 30, 2018, the tax agency fund has received $1,440,000 in first-quarter payments. On October 1, the agency fund made a distribution to the three governmental units on the basis of...

d. As of September 30, 2018, the tax agency fund has received $1,440,000 in first-quarter payments. On October 1, the agency fund made a distribution to the three governmental units on the basis of the composite property tax rate.

For the period July 1, 2018, through October 1, 2018, prepare journal entries to record the preceding transactions, using the following format: