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Q paid its annual tax bill of 250000 to the state of maryland in january...

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Accounting

Q paid its annual tax bill of 250000 to the state of maryland in january 2022 out of operating account. record this payment on the books. assuming tax bill period is january- december, show how it is expensed out of the month of January. also what will the balance on the prepaid account after we pay tax bill of January.

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