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Prepare the journal entry on June 30 when Vaughn receives its property tax notice. (List all debit entries before credit entries. Credit account titles
Prepare the journal entry on June 30 when Vaughn 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.) Dates Account Titles and Explanation June 30, 2022 Property Tax Expense Property Tax Payable Question Part Score Debit 5880 Credit 5880 Prepare the journal entry on July 31 when Vaughn pays its property taxes. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation July 31, 2022 Property Tax Payable Property Tax Expense Prepaid Property Tax Cash Question Part Score Debit 4900 980 5880 Credit 11760 Prepare any required year-end adjusting entries. Vaughn has a calendar year end. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation December 31, 2022 Debit Credit --/1 --/2
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