Required information [The following information applies to the questions displayed below.) Glennelle's Boutique Inc. operates in a city in which real estate tax bills for one year are issued in May of the subsequent year. Thus, tax bills for 2019 are issued in May 2020 and are payable in July 2020. b-2. Record the journal entry to show the effect of accruing 2019 taxes of $7100 at December 31, 2019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the accrual of real estate taxes for the year