The following adjusting journal entry does not include an explanation.Select the best explanation for the entry. 
A) Record payment of fees earned.
B) Record fees earned at the end of the month.
C) Record fees that have not been earned at the end of the month.
D) Record payment of fees to be earned.
Correct Answer:
Verified
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Q119: At the end of the fiscal year,
Q119: What effect will this adjusting journal entry
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