15.Gothic Architects Inc. received its annual property tax bill for $7,800 in January. It is due on February 28th. What is the journal entry that should be made in January?

-Please see the following information:

Property Tax Expense

7,800

Property Tax Payable

7,800

-Please see the following information:

Prepaid Property Tax

7,800

Property Tax Payable

7,800

-Please see the following information:

Property Tax Expense

650

Property Tax Payable

650

-Please see the following information:

Property Tax Expense

650

Prepaid Property Tax

7,150

Property Tax Payable

7,800