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For each of the following scenarios, assume a December 31, 2023 year end and (a)...

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Accounting

For each of the following scenarios, assume a December 31, 2023 year end and (a) determine the type of adjustment, (b) compute the amount of the adjustment, and (c) record the adjusting entry in journal journal entry format. 1. Fees earned but unbilled at the end of the year were $8,000. a. b. C. Date Date Description a. b. C. 2. On November 1 the company received $12,000 in advance for services for services to be provided. Only $8,000 of services were provided by the end of the year. Debit Description Credit Debit Credit
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For each of the following scenarios, assume a December 31,2023 year end and (a) determine the type of adjustment, (b) compute the amount of the adjustment, and (c) record the adjusting entry in journal entry format. 1. Fees earned but unbilled at the end of the year were $8,000. a. b. 2. On November 1 the company received $12,000 in advance for services for services to be provided. Only $8,000 of services were provided by the end of the year. a. b

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