The entry would be.
Date | Account | Debit | Credit |
---|---|---|---|
Dec 31 | Fees earned | 36,000 | |
Unearned fee revenue | 36,000 |
(45,000 - 9,000)
int of entry: EX 3-8 Adjusting entries for unearned fees The balance in the unearned fees account, before adjustmen...
OBJ. 2 EX 3-11 Adjusting entries for unearned and accrued fees The balance in the unearned fees account, before adjustment at the end of the year, is 596,000. Of these fees, $78,500 have been earned. In addition, $23,600 of fees have been earned but have not been billed. Journalize the adjusting entries (a) to adjust the unearned fees account and (b) to record the accrued fees.
The balance in the unearned fees account, before adjustment at the end of the year, is $10,250. Required: Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $3,125.
Instructions The balance in the unearned fees account, before adjustment at the end of the year, is $18,000. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $3,600. The balance in the prepaid insurance account, before adjustment at the end of the year, is $27,000. The year end is March 31. Journalize the March 31 adjusting entry required under each of the following alternatives for determining the amount of the adjustment: (a) the amount of...
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
The balance in the unearned fees account, before adjustment at the end of the year, is $14,140. Required: Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $4,270. Refer to the Chart of Accounts for exact wording of account titles.
The balance in the unearned fees account, before adjustment at the end of the year, is $18,000. Journalize the adjusting entry required if the amount of uneared fees at the end of the year is $3,600. If an amount box does not require an entry, leave it blank.
The balance in the unearned fees account, before adjustment at the end of the year, is $39,295. Journalize the adjusting entry required if the amount of unearned foes at the end of the year is $15,240. Refer to the Chart of Accounts for exact wording of account titles
please answer boxes Adjusting Entries for Unearned and Accrued Fees The balance in the unearned fees account, before adjustment at the end of the year, is $110,730. Of these fees, $68,655 have been earned. In addition, $13,290 of fees have been earned but have not been billed. a. Journalize the adjusting entry to adjust the unearned fees account. If an amount box does not require an entry, leave it blank. Unearned Fees Fees Earned ✓ Feedback Check My Work Consider...
Normal No Spa Heading Heading 2 4 Reg Font Title Paragraph Styles Editing EX 3-5 Adjusting Entries for Accrued Salaries • Obj. 2 Paradise Realty Co, pays weekly salaries of $25,500 on Friday for a five- day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Monday and (b) on Thursday EX 3-9 Adjusting Entries for Unearned Fees • Obj. 3 The balance in the...
OBJ. 3 EX 3-11 Adjusting entry for supplies The balance in the supplies account, before adjustment at the end of the year, is $4,850. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $880.