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Any help would be great. If they will be earned within one year they should be listed as a current liability. Accounting Basics Revenues And Expenses Accountingcoach Generally when a corporation earns revenue there is an increase in current assets cash or accounts receivable and an increase in …

The amount reported as fees earned would be the amount of cash received from customers during the reporting period if the reporting entity is operating under the cash basis of accounting. So that makes it a credit. Disclosure Of Fees Earned By Mortgage Broker The banks acted essentially as midd…