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Question 41 (4 points) At December 31, $9,000 of fees have been earned but have not been billed to clients. O Debit--Fees Earned, 9,000; Credit--Accounts
Question 41 (4 points) At December 31, $9,000 of fees have been earned but have not been billed to clients. O Debit--Fees Earned, 9,000; Credit--Accounts Receivable, 9,000. O Debit--Cash, 9,000; Credit- - Fees Earned, 9,000. Debit- - Accounts Payable, 9,000; Credit- -Cash, 9,000. Debit--Accounts Receivable, 9,000; Credit- - Fees Earned, 9,000. Question 42 (3 points) The amount of depreciation on equipment for the year is $5,000. O Debit--Equipment, 5,000; Credit- -Fees Earned, 5,000. Debit- - Depreciation Expense, 5,000; Credit- - Accumulated Depreciation, 5,000. Debit--Depreciation Expense, 5,000; Credit--Cash, 5,000. Debit. Accumulated Depreciation, 5,000; Credit- - Depreciation Expense, 5,000
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