Accounting Work
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been earned
.
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Showing posts with label
been earned
.
Show all posts
Sunday, 24 July 2016
At the end of the current year, $17,555 of fees have been earned but have not been billed to clients
At the end of the current year, $17,555 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees.
Answer:
Accounts Receivable 17,555
Fees Earned 17,555
Accrued fees.
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