Adjusting Entries for Prepaid Insurance The balance in the prepaid insurance account, before adjustment at the end of the year, is $8,970. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment: a. The amount of insurance expired during the year is $6,820. b. The amount of unexpired insurance applicable to future periods is $2,140. Adjusting Entries for Unearned Fees The balance in the unearned fees account, before adjustment at the end of the year, is $44,730. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $20,130. Adjusting Entries for Uneared and Accrued Fees The balance in the unearned fees account, before adjustment at the end of the year, is $94,090. Or these feas, $58,335 have been earned. In addition, $11,290 of roes have been earned but have not been billed. a. Journalize the adjusting entry to adjust the unearned fees account. b. Journalize the adjusting entry to record the accrued rees