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I have less than 1 hour to find and understood the solution to these. Please post the 100% correct solution to this under 1 hour.

I have less than 1 hour to find and understood the solution to these. Please post the 100% correct solution to this under 1 hour. Please and thank you.

Q7

Question 7 2.5 pts (CLO3) At the end of the current calendar year, $12,400 of fees have been earned but have not been billed to clients. The adjusting entry to record the accrued fees would include a credit to Accounts Receivable for 12,400 Fees Earned for 12,400 Accounts Payable for 12,400 Cash for 12,400

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