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The balance in the unearned fees account before adjustment at the end of year is $54570....

The balance in the unearned fees account before adjustment at the end of year is $54570. Journalize the adjusting entry required assuming the amount of unearned fees at the end of the year is $24560

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Credit General Journal Debit Unearned Fees Revenue ($54,570 - $24,560) 30,010 Fees Revenue 30,010

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