On December 31, 2018 the balance in Energy Exploration Company's Unearned Revenue account was a credit of

$ 10 comma 000

.

In January, 2019, the company received an advance payment of

$ 14 comma 000

from a new customer for services to be performed. By January 31, adjustments were made to recognize

$ 7 comma 000

of the revenue that had been earned during January. What was the balance in Unearned Revenue on January 31, 2019?

A.

$ 14 comma 000

debit

B.

$ 7 comma 000

credit

C.

$ 17 comma 000

credit

D.

$ 10 comma 000

credit