Adjustment for Accrued Revenues At the end of the current year, $14,780 of fees have been...

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Adjustment for Accrued Revenues At the end of the current year, $14,780 of fees have been earned but have not been billed to

business accounting

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Answer 1

Answer #1

The year end adjustment journal entry for unrecorded fees revenue will be as follows:

Accounts Receivable A/c Dr. $14780

To Accrued Revenue. $14780

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Answer 2

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