sparik11
Jan 19, 2011, 01:45 PM
The unearned Fees account had a balance of $310 on January 1, 2006. Additional fees of $550 were received during the month for services not yet performed. On January 31, 2006 the amount of fees received and still not earned was $295. The journal entry to record the end-of-month adjustment for fees earned is?
Just Looking
Jan 19, 2011, 06:50 PM
I'm sorry but we don't just give out answers here. If you'd like to try the entries, we will check them for you. If you have a specific question, we will help you. Thanks.
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html
Try to figure out the blance on Jan 31, 2006 prior to adjustment. If you'll start with that and post your answer, we can see if you are understanding so far.