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It is under capital which is the account type of Owner's Equity.

Fees Earned is under the title Revenue when expanding the ledger.

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15y ago

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What type of account is fees earned but not yet received?

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The Fees Earned account has a credit balance. This means that you credit the account to increase the balance, and debit the account to decrease the balance.


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The Fees Earned account is most commonly used in the services industry, where it contains billings for such services as tax consulting, auditing fees, and general consulting.


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Are there any service fees for Capitol One?

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What type of account is Prepaid Rent?

balance sheet as a current liability until it's earned, when you transfer the amount earned to revenue.


If a company failed to make the end of period adjustment to remove from the Unearned Management Fees account the amount of management fees that were earned this omission would cause?

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