Adjusting entry for accrued fees Chart of Accounts Journal Final Question U Instructions At the end of the current year, $18,350 of fees have been eamed but have not been billed to clients. Required: A. Journalize the adjusting entry to record the accrued foes on December 31. Refer to the Chart of Accounts for exact wording of account titles. B. I the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? Journal Final Question Instructions AL Chart of Accounts Journal A Joumalize the adjusting entry to record the accrued foes on December 31. Refer to the Chart of Accounts for exact wording of accounts. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE POST, DEBIT CREDIT DESCRIPTION Adjusting Entries ASSETS LIABILITIES EQUITY 1 2 Check My Work Next Insuuchons Chart af Accounts At Journal Final Question A B. I the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary