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At the end of the current year, $18,350 of fees have been earned but have not been billed to clients. Required A. Journalize the adjusting

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At the end of the current year, $18,350 of fees have been earned but have not been billed to clients. Required A. Journalize the adjusting entry to record the accrued fees on December 31. Refer to the Chart of Accounts for exact wording of account titles. B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary

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