Carrie billed her legal clients $6,000 for legal work completed during the month. This transaction will Question 14 options:

cause a $6,000 increase in revenues and liabilities.

not be recorded until the cash is collected.

cause a $6,000 increase in revenues and a decrease in liabilities.

cause a $6,000 increase in assets and revenues.

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Diversity is an obstacle all marketers face: true false

Identify at least 3 body language messages that project a positive attitude