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Im stuck! On January 1, a customer paid X Company $33,900 in advance for cleaning services, so X Company recorded the receipt as Deferred Revenue.

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On January 1, a customer paid X Company $33,900 in advance for cleaning services, so X Company recorded the receipt as Deferred Revenue. 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 31? a $11,300 increase in the Deferred Revenue account on the Balance Sheet O a balance of $11,300 in the Deferred Revenue account on the Balance Sheet O a $11,300 increase in the Cash account on the Balance Sheet a $11,300 decrease in the Retained Earnings account on the Balance Sheet Oa $11,300 decrease in the Cash account on the Balance Sheet revenue of $11,300 reported on the Income Statement Submit Answer Tries 0/3

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