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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
At the end of the current year, $22,650 of  fees  have  been  earned  but  have  not  been billed to  clients.
a.    Journalize the adjusting entry to record the accrued fees.
b.    If the cash basis rather than the accrual basis had been used, would an ad- justing entry have been necessary? Explain.
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