Unbilled Fees Earned Journal Entry
Unbilled fees earned is a Revenue which is earned by the corporation or company by rendering services to clients but the bill is not invoiced to them. The journal entry to record is shown below: Unbilled Fees Receivable a/c XXX Fees Earned a/c XXX (Fees Earned But Invoice Not Issued To Clients) Here, Unbilled fees receivable is a current asset and shown on balance sheet on asset side while Fees Earned is a...