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Calculator On January 1, the Newman Company estimated its property tax to be $4,800 for the year. (a) How much should the company accrue each

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Calculator On January 1, the Newman Company estimated its property tax to be $4,800 for the year. (a) How much should the company accrue each month for property taxes? (b) Calculate the balance in Property Tax Payable as of August 31. (c) Prepare the adjusting journal entry for September Accounts Receivable Cash Prepaid Property Tax Property Tax Expense Property Tax Payable All work saved

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