Question: Jerry Jaecks is a CPA. Typically, he performs services for clients in December, but does not bill those clients until January. What entry, if any,

Jerry Jaecks is a CPA. Typically, he performs services for clients in December, but does not bill those clients until January. What entry, if any, should Jaecks record at the end of December to reflect $1,000 of services performed but unbilled?

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