On January 1, a customer paid X Company $21,000 in advance for cleaning services. The cleaning was going to be done once in January, once in Feb once in March, and once in April. What will be the result of X Company's adjusting entry on January 31? OOOO a $5,250 increase in Cash on the Balance Sheet a $5,250 decrease in Cash on the Balance Sheet a balance of $5,250 In Deferred Revenue on the Balance Sheet a $5,250 decrease in Retained Earnings on the Balance Sheet revenue of $5,250 reported on the Income Statement a $5,250 increase in Deferred Revenue on the Balance Sheet