I think i have it right im not sure

On January 1, a customer paid X Company $29,100 in advance for cleaning services. The cleaning was going to be done once in January, once in February, once in March, and once in April. What will be the result of X Company's adjusting entry on January 31? a $7,275 increase in Cash on the Balance Sheet a $7,275 decrease in Cash on the Balance Sheet a $7,275 increase in Deferred Revenue on the Balance Sheet revenue of $7,275 reported on the Income Statement a balance of $7,275 in Deferred Revenue on the Balance Sheet a $7,275 decrease in Retained Earnings on the Balance Sheet Submit Answer Answer Submitted: Your final submission will Previous Tries 1/99 be graded after the due date. Tries