If a business has received cash in advance of services performed and credits a liability account, the adjusting entry needed after the services are performed will be: debit Unearned Service Revenue and credit Prepaid Expense. debit Unearned Service Revenue and credit Cash. debit Unearned Service Revenue and credit Service Revenue. debit Unearned Service Revenue and credit Accounts Receivable.

The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.