Instructions The balance in the unearned fees account, before adjustment at the end of the year is $37,040 The year end is December 31 Journalize the December 3f adjusting entry required if the amount of unearned fees at the end of the year is $12,530 Refer to the Chart of Accounts for exact wording of account tides Chart of Accounts CHART OF ACCOUNTS General Ledger REVENUE ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Iinsurance 5 Land 16 Equipment 17 Accumulated 41 Fees Eaned EXPENSES 51 Adverising Expense 52 Insurance Expense 53 Rent Expense 54 Salary Depreciation- Equipment Expense 55 Supplies Expense LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Salaries Payable 24 Taxes Payable 56 Ubiites Expense 57 Depreciaion Expense 59 Miscellaneous EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Expense Previous Next 33 Dividends Journalize the December 31 adjusting entry required if the amount of unearm for exact wording of account tites JOURNAL DATE Next