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On February 1, Colton Waverly Law Firm contracted to provide $ 4 comma 500 of legal services for the next six months and received $
On February 1, Colton Waverly Law Firm contracted to provide $ 4 comma 500 of legal services for the next six months and received $ 4 comma 500 cash from the client. Assuming Waverly records deferred revenues using the alternative treatment, what would be the adjusting entry recorded on February 2
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