Annual property taxes covering the preceding 12 months are always paid on September 1. Elise Inc. is
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Given this information, determine the adjusting journal entry that Elise must make on December 31.
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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