subject
Business, 25.02.2020 18:00 svg8

If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the portion of those fees that has been earned is:

a. Debit Cash and credit Unearned Legal Fees.
b. Debit Legal Fees Earned and credit Unearned Legal Fees.
c. Debit Cash and credit Legal Fees Earned.
d. Debit Unearned Legal Fees and credit Accounts Receivable.
e. Debit Unearned Legal Fees and credit Legal Fees Earned.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:00
If a bond is issued at a premium the effective interest rate is most likely
Answers: 2
question
Business, 22.06.2019 00:10
Which of the following is a problem for the production of public goods?
Answers: 2
question
Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
Answers: 3
question
Business, 22.06.2019 19:10
Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position
Answers: 3
You know the right answer?
If throughout an accounting period the fees for legal services paid in advance by clients are record...
Questions