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Adjustment for Accrued Revenues At the end of the current year, $27,480 of fees have been earned but have not been billed to clients. Journalize

Adjustment for Accrued Revenues

At the end of the current year, $27,480 of fees have been earned but have not been billed to clients.

Journalize the adjusting entry to record the accrued fees. If an amount box does not require an entry, leave it blank.

Options are: Accounts payable, accounts receivable, cash, fees earned, unearned fees.

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