Blossom Industries received its $2024$ annual property tax bill for $$21,300$ on May $1.$ The taxes covered the period January $-$December, were payable by June $30$ and were paid on that date. Blossom has a December $31$ fiscal year end and makes annual adjusting entries.

$($a$)$

Prepare the journal entry to record the receipt of the property tax bill on May $1.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter O for the amounts. List debit entry before credit entry.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit$],[$May $1,$Credit,$]]$