Adjustments for Unearned and Accrued Fees The balance in the unearned fees account, before adjustment at the end of the year, is $446,700. Of these fees, $67,005 have been earned. In addition, $189,848 of fees have been earned but not billed to clients. What are the adjustments (a) to adjust the unearned fees account and (b) to record the accrued fees? Indicate for each account affected whether the account is increased or decreased, and the amount of the increase or decrease. Account Increase/Decrease a. Unearned fees decrease Fees earned Increase b. Accounts receivable increase Fees earned increase