Financial accounting

A) At the end of December 31, 2016, $22,650 of fees have been earned but have not been billed to clients. Please propose the adjusted journal entry.

Date	Account Name	Debit	Credit

B) The prepaid insurance account had a beginning balance on Jan 1, 2016 is $9,600 and was debited for $12,900 of premiums paid during the year. Journalize the adjusting entry required at the end of the year on Dec 31, 2016, assuming the amount of unexpired insurance related to future periods is $7,360.

Date	Account Name	Debit	Credit

C) On June 1, 2016, Herbal Co. received $18,900 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 2016.

Date	Account Name	Debit	Credit