At the end of the current year, $24,100 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 the exact wording of the account titles. CNOW journals do not use lines for Jumal explanations. Every line on a journal page is used for debit or credit entries CNOW ournals will automatically indent a credit entry when a credit amount is entered B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? Chart of Accounts CHART OF ACCOUNTS JO General Ledger e account . REVENUE na credan ex ASSETS 11 Cash 41 Fees Earned 12 Accounts Receivable Q EXPENSES