On January 1, a customer paid X Company $30,900 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? O a $7,725 increase in Cash on the Balance Sheet O revenue of $7,725 reported on the Income Statement O a $7,725 increase in Deferred Revenue on the Balance Sheet O a $7,725 decrease in Cash on the Balance Sheet O a $7,725 decrease in Retained Earnings on the Balance Sheet O a balance of $7,725 in Deferred Revenue on the Balance Sheet Submit Answer Tries 0/99