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Current Attempt in Progress A lawyer collected $210 of legal fees in advance. He erroneously debited Cash for $120 and credited Accounts Receivable for $120.
Current Attempt in Progress A lawyer collected $210 of legal fees in advance. He erroneously debited Cash for $120 and credited Accounts Receivable for $120. The correcting entry is Cash Accounts Receivable Unearned Legal Fees Cash Legal Fees Earned Cash 120 210 210 210 90 00
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