=+EX 3-10 Adjusting entry for accrued fees obj. 2 The balance in the unearned fees account, before adjustment at the end of the year, is

$112, 790. Of these fees, $69,735 have been earned. In addition, $13, 200 of fees have been earned but have not been billed. Journalize the adjusting entries

(a) to adjust the unearned fees account and

(b) to record the accrued fees.