ABC is closing its books for 2022 and asks firm XYZ for the amount to accrue for legal work performed in 2022 that won't be billed until 2023 . The law firm estimates there's $100,000 of 2022 legal fees that will be billed after year-end. ABCt accrues the $100,000 in December. In Jan '23, XYZ bills ABC$60,000 for ' 22 legal work and indicates the remaining $40,000 will be billed in Feb 2023.| In Feb, the law firm issues a final bill for 2022 legal work for $32,000 and ABC pays the law firm $92,000. show the December, January and February entries to record XYZ's legal fees on ABC's books