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  3. Study Set
    Fundamental Accounting Principles Study Set 4
  4. Exam
    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    On December 31, Connelly Company Had Performed $5,000 of Management
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On December 31, Connelly Company Had Performed $5,000 of Management

Question 129

Question 129

Short Answer

On December 31, Connelly Company had performed $5,000 of management services for clients that had not yet been billed. Prepare Connelly's adjusting entry to record these fees earned.

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