An adjustment to record unrecorded fees earned was posted during the current period. Which of the following would cause the adjusted trial balance totals to be unequal? O a. The adjustment was posted as a debit to Cash and a credit to Fees Earned. O b. The adjustment was posted as a debit to Fees Earned and a credit to Accounts Receivable. O c. The adjustment was posted as a debit to Accounts Receivable for $870 and a credit to Fees Earned for $780. O d. The adjustment was completely omitted.
An adjustment to record unrecorded fees earned was posted during the current period. Which of the following would cause the adjusted trial balance totals to be unequal? O a. The adjustment was posted as a debit to Cash and a credit to Fees Earned. O b. The adjustment was posted as a debit to Fees Earned and a credit to Accounts Receivable. O c. The adjustment was posted as a debit to Accounts Receivable for $870 and a credit to Fees Earned for $780. O d. The adjustment was completely omitted.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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