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    Accounting Study Set 4
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    Exam 3: The Adjusting Process
  5. Question
    The Balance in the Unearned Fees Account, Before Adjustment at the End
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The Balance in the Unearned Fees Account, Before Adjustment at the End

Question 28

Question 28

Essay

The balance in the unearned fees account, before adjustment at the end of the year, is $10,250. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $3,125.

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