2 timer Notes Evaluate Feedback On January 1, a customer paid X Company $29,400 in advance for cleaning services. The cleaning was going to be done once in January, once in February, and once in March. What will be the result of X Company's adjusting entry on January 317 O balance of $9,000 in Deferred Revenue on the Balance Sheet O a $9,800 decrease in Retained Earnings on the Balance Sheet O 9,800 decrease in Cash on the Balance Sheet O a $9,800 increase in Cash on the Balance Sheet O a $9,800 increase in Deferred Revenue on the Balance Sheet O revenue of $9,800 reported on the income Statement Submit Answer Tries 0/99