The balance in the unearned fees account, before adjustment at the end of the year, is $49,500.

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The balance in the unearned fees account, before adjustment at the end of the year, is $49,500.
Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $27,180.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 01:34 AM

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The balance in the unearned fees account, before adjustment at the end of the year, is $49,500.

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