Question
Adjustment for Unearned Revenue The balance in the unearned fees account, before adjustment at the end of the year, is $316,290. Journalize the adjusting entry
Adjustment for Unearned Revenue
The balance in the unearned fees account, before adjustment at the end of the year, is $316,290.
Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $220,240. If an amount box does not require an entry, leave it blank.
Options are; Accounts Payable, Cash, Fees Earned, Unearned Fees, Unearned Receivable
| fill in the blank 2 | fill in the blank 3 | ||
| fill in the blank 5 | fill in the blank 6 |
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
