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On may 1 year 1 carter advertising company received 5640

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On May 1, Year 1, Carter Advertising Company received $5,640 from Kaitlyn Breanna for advertising services to be completed April 30 of the following year. The Cash receipt was recorded as unearned fees. Assume no entry was made for unearned fees during year 2. The adjusting entry for the year ended December 31, Year 2 would include:

Reference no: EM13611686

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