On September 1,Capitol Maintenance Company Contracted to Provide Monthly Maintenance

question 179

Multiple Choice

On September 1,Capitol Maintenance Company contracted to provide monthly maintenance services for the next seven months at a rate of $2,300 per month.The client paid Capitol $16,100 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?

• A)No entry is needed since revenue was recorded on September 1
• B)Debit Service Revenue and credit Unearned Revenue for $6,900
• C)Debit Service Revenue and credit Unearned Revenue for $16,100
• D)Debit Unearned Revenue and credit Service Revenue for $9,200

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Definitions:

Personal Front

The aspects of an individual's life that they present to others, often involving personal identity or facade.

Style of Dress

The manner or way in which clothing and accessories are combined to express personal or cultural identity.

Expressions Given Off

Non-verbal cues that individuals exhibit, often unconsciously, which can reveal their true feelings or intentions.

Erving Goffman

A Canadian-American sociologist, Erving Goffman is known for his work on the symbolic interaction perspective, particularly his study of the social construction of self.