The balance in the unearned fees account, before adjustment at the end of the year, is $9,750.

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The balance in the unearned fees account, before adjustment at the end of the year, is $9,750. What is the adjustment if the amount of unearned fees at the end of the year is $5,600? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.

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Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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