The balance in the unearned fees account, before adjustment at the end of the year, is $27,300.
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The balance in the unearned fees account, before adjustment at the end of the year, is $27,300. What is the adjustment if the amount of unearned fees at the end of the year is $15,650? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.
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