BOOK Show Me How Calculator Print Item Adjusting entry for accrued fees Joumal Final Question Instructions 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 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? UITY Instructions Chart of Accounts Journal A Journalize the adjusting entry to record the accrued fees on December 31. Refer to the Chart of Accounts for exact wording of accountides PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY Adjusting Entries 4:55 Instructions Chart of Accounts Journal Final Question B. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary