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B. XYZ Property is located in California and it has the following transactions in 2018....

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Accounting

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B. XYZ Property is located in California and it has the following transactions in 2018. Indicate the amount of revenue or expense recognized for each of these items for both Accrual and Cash Books via Journal Entries (1) To accrue the CA property tax of $1,000 per month in 19-2018 1/31/2018 1/31/2018 2/28/2018 2/28/2018 3/31/2018 3/31/2018 (2) On 4/10/2018, XYZ Property paid $6,000 for the 2nd installment of CA property tax. 4/10/2018 4/10/2018 4/30/2018 4/30/2018 (3) To record property tax entry for the month of May 5/31/2018 5/31/2018

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