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Question 3.5: Adjustment for Accrued Revenues At the end of the current ye......

Adjustment for Accrued Revenues

At the end of the current year, $ 13,680 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees.

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Accounts Receivable …………………………………………………………………. 13,680
Fees Earned ………………………………………………………………………………                      13,680

Accrued fees.

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