Fonda Company's fiscal year is the calendar year. During the month of June 2012, Fonda received a bill for $46,500 of property tax assessed that is due on July 15, 2012 for the period July 1, 2012 through June 30, 2013.
Prepare journal entries to record

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The Answer of Fonda Company's fiscal year is the calendar year. During the month of June 2012, Fonda received a bill for $46,500 of property tax assessed that is due on July 15, 2012 for the period July 1, 2012 through June 30, 2013.
Prepare journal entries to record

Fonda Company's Fiscal Year Is the Calendar Year