The adjusting entry that reduces the balance in Deferred Revenues or Unearned Revenues will also include which of the following? A Debit To Cash A Credit To Fees Earned A Debit To Fees Earned A Credit To Fees Receivable

The adjusting entry that reduces the balance in Deferred Revenues or Unearned Revenues will also include which of the following? A Debit To Cash A Credit To Fees Earned A Debit To Fees Earned A Credit To Fees Receivable

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 15MC: Which of these transactions requires an adjusting entry (debit) to Unearned Revenue? A. revenue...

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Question

The adjusting entry that reduces the balance in Deferred Revenues or Unearned Revenues will also include which of the following?

A Debit To Cash

A Credit To Fees Earned

A Debit To Fees Earned

A Credit To Fees Receivable

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