On February $1,$ Clyde Watson Law Firm contracted to provide $$7,000$ of legal services for the next five months and received $$7,000$ cash from the client. Assuming Watson records deferred revenues using the alternative treatment, what would be the adjusting entry recorded on February $28?$

A$.$

$\backslash$table$[[$Accounts and Explanation,Debit,Credit$],[\backslash$table$[[$Cash$],[$Service Revenue$]],7,000,],[$Serve$,,7,000]]$

$$ B$.$

$\backslash$table$[[$Accounts and Explanation,Debit,Credit$],[\backslash$table$[[$Cash$],[$Unearned Revenue$]],7,000,],[$Unt$,,7,000]]$

C$.$

$\backslash$table$[[$Accounts and Explanation,Debit,Credit$],[$Unearned Revenue,$1,400,],[$Service Revenue,,$]]$

D$.$

$\backslash$table$[[$Accounts and Explanation,Debit,Credit$],[\backslash$table$[[$Service Revenue$],[$Unearned Revenue$]],5,600,],[,,5,600]]$