RECOMMENDED!!MGMT 210-On September 1, Capitol Maintenance Company

  

On September 1, Capitol Maintenance Company contracted to provide monthly maintenance services for the next nine months at a rate of? $2,400 per month. The client paid Capitol? $21,600 on September 1. The maintenance services began on that date. Assuming Capitol records deferred revenues using the alternative? treatment, what would be the adjusting entry recorded on December? 31?

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