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BE 1 0 . 7 ( LO 1 ) AP Dresner Company has a December 3 1 fiscal year end. It receives a $ 9

BE10.7(LO 1) AP Dresner Company has a December 31 fiscal year end. It receives a $9,600 property
tax bill for the 2024 calendar year on March 31,2024. The bill is payable on June 30. Prepare entries for
March 31, June 30, and December 31, assuming the company adjusts its accounts annually.
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