Journalize the adjusting entry required if the amount of unearned fees on December 31 is $3,125. Refer to the Chart of Accounts for exact wording of account titles.

The balance in the unearned fees account, before adjustment at the end pfthe year, is $10,251]. Required: Joumablze the adjil'ustr'ng entryrequired if the amount of unearned fees at the end of the year is $3,125. Refer to the Chart ofAmsunts forexact wording ofacsount titres. 11 12 13 Journaiize the adjusting entry required if the amountolr unearned fees on December 31 is $3,125. Refer to the Chart ofAmaunts for exact warding of account titfes. 14 16 17 PAGEI JOURNAL DATE [BCRIPTION . III!" CIIEIIIT 1 21 22 23 24 25 31 32 33 C HAR'I 0F ACCOU N'I'S General Ledger ASSETS Cash 41 Menu nls Reoeiva ble Su pplies Prepaid lnsura noe 51 Dulce Building 52 Accumulated DepredaljonOioe 53 Building 54 55 LlABILmES 56 Accounts; Payable 57 Nohs Payable U nea rned Fees 59 Wages Payable lnIeresi Payable EQUITY Common Stack Retained Earnings Dividends REVENUE Fees Earned EXPENSES Advenising Expense Insurance Expense lnhrest Expense Wages Expense Supplies Expense Ulililles Expense Depreciation Expense Miscellaneous Expense