Jackson Accounting Company receives its annual property tax bill for the calendar year on May $1,2024.$ The bill is for $$30,500$ and is payable on June $30,2024.$ Walters paid the bill on June $30,2024.$ The company prepares quarterly financial statements and had initially estimated that its $2024$ property taxes would be $$28,500.$Prepare all the required journal entries for $2024$ related to the property taxes, including quarterly accruals, assuming no entry is made on May $1.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select

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