38 39 Question 50 (1 point) Question 67) Angel Eyes Corporation operates on a calendar year basis (this means that the company has a December 31 year-end). The company is in its first year of operations and received its annual property tax bill on March 31 for $21,000. The bill is due April 30. Relevant entries were made on March 31 and April 30. The adjusting entry on December 31 would include 41 42 44 45 48 b. a credit to cash for $15,750 d. a debit to property tax expense for $5,250 c. a credit to cash for $21,000 e. a debit to property tax expense for $14,000 a, a debit to prepaid property tax for $15,750 50