Question 5 (1 point) Game of Scones, a bakery, received its annual property tax bill...
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Question 5 (1 point) Game of Scones, a bakery, received its annual property tax bill for $40,000 in January. It wis paid when due on March 31. Game of Scones' year end is Dec 31. The Dec 31 balances should be $0 for Prepaid Property Tax; $0 for Property Tax Payable. $3,333 for Prepaid Property Tax; $36,667 for Property Tax Expense. $10,000 for Prepaid Property Tax; $30,000 for Property Tax Expense. $30,000 for Prepaid Property Tax; $10,000 for Property Tax Payable
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