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During the current year ended December 31, clients paid fees in advance for accounting services amounting to $22000. These fees were recorded in an account
During the current year ended December 31, clients paid fees in advance for accounting services amounting to $22000. These fees were recorded in an account called Unearned Accounting Fees. If $17650 of these fees were eamed on December 31 of this year present the December 31 adjusting entry to bring the accounts up to date will debit unearned revenues for $
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