Multiple Choice
Tony Tools Company has a December 31 year end. The company received its property tax bill for 2021 on March 1, 2021. According to the bill, taxes of $ 24,000 for the year ended December 31, 2021 are due by April 30, 2021. On March 1, Tony will record property tax expense of
A) $ 4,000.
B) $ 8,000.
C) $ 12,000.
D) $ 24,000.
Correct Answer:
Verified
Correct Answer:
Verified
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