The balance in the unearned fees account, before adjustment at the end of the year, is $39,750.

Question:

The balance in the unearned fees account, before adjustment at the end of the year, is $39,750. Of these fees, $12,300 have been earned. In addition, $7,100 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.