Coronado Financial Services has its headquarters in Nanaimo, British Columbia. The City of Nanaimo assesses property taxes on June 30 annually and notifies property owners electronically, Property taxes are due to be paid by July 31. Property taxes are for the calendar year. On June 30, 2022, Coronado receives its notice for its 2022 property taxes, which are due in the amount of $14,160. (a) Your Answer Correct Answer Your answer is partially correct. Prepare the journal entry on June 30 when Coronado receives its property tax notice. (List all debit entries before credit entries Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Dates June 30, 2022 Property Tax Expense 14,160 Property Tax Payable 14,160