signment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress-false eBook 3 Show Me How Calculator Adjusting entry for accrued fees Instructions Chart of Accounts Joumal Final Question Instructions At the end of the current year, $59.500 of fees have been earned but have not been billed to clients Required: A Journalize the adjusting entry to record the accrued foes on December 31. Refer to the Chart of Accounts for exact wording of account des B. the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? Chart of Accounts Journal Instructions Garcia Realy Co pays weekly salaries of $17,250 on Friday for a five-day workweek ending on that day. on Thursday. Refer to the Chart of Joumalize the necessary adjusting enty at the end of the accounting period, assuming that the period ends (a) on Wednesday and Accounts for exact wording of accounties Effect of Omitting Adjusting Entry when preparing the financial statements for the year ended October 31, accrued salaries owed to employees for October 30 and 31 were overlooked. The accrued salaries were included in the first salary payment in November. Indicate which items will be erroneously stated, because of failure to correct the initial error, on (A) the income statement for the month of November and (b) the balance sheet as of November 30. a. Income Statement Salanes Expense Net Income b. Balance Sheet Salaries Payable Stockholders' Equity Adjusting entries for unearned fees Instruction Chart of Accounts Journal Instructions The balance in the uneamed fees account, before adjustment at the end of the year, is $18,000. Joumalize the adjusting entry required if the amount of uneamed fees at the end of the year is $3,600 Refer to the Chart of Accounts for exact wording of account bites