On $1$ January $20$X$4,$ Dart Incorporated commenced business operations. The following information is available to you:

There is a rent receivable account at the end of $204,$ because rent revenue was earned in $204$ but will not be collected until $206.$

This amount is not part of taxable income in $204,$ but will be taxable income in $206$ when it is collected.

Required:

Prepare journal entries to record tax for $204,205,206,$ and $207.$ Assume that the tax loss carryforward usage in $205$ is

considered to be not probable but that in $206$ the balance of probability shifts and in $206$ the loss usage is considered to be

probable. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$