On January 1, a customer paid X company $40,000 in advance for 4 times cleaning services from January to April. Once in each month. At the time of the cash receipt, the $40,000 was recorded as Deferred Revenue. What will be the result of the adjusting entry on January 31?
A. a balance of $10,000 in the Deferred Revenue account on the Balance Sheet
B. revenue of $10,000 reported on the Income Statement