The balance in the unearned fees account, before adjustment at the end of the year, is $$97,280.$ Of these fees, $$81,515$ have been earned. In addition, $$35,430$ of fees have been earned but have not been billed.

Journalize the December $31$ adjusting entries $($a$)$ to adjust the unearned fees account and $($b$)$ to record the accrued fees. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.