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Sage Hill Tools Company has a December 31 year end. The company received its property...

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Accounting

Sage Hill Tools Company has a December 31 year end. The company received its property tax bill for 2024 on March 1, 2024. According to the bill, taxes of $27000 for the year ended December 31, 2024, are due by April 30, 2024. On March 1, Sage Hill will record property tax expense of $13500. $27000. $9000. $4500

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