Question 22 2 pts The following information is from the records of Classic Car Shop: $30,000 Accounts receivable, December 31, 2018 (debit) Net credit sales for 2018 54,000 Accounts written off as uncollectible during 4,900 2018 Cash sales during 2018 48,000 The company uses the direct write-off method for bad debts. What is the amount of bad debts expense? O $25,100 $5,400 O $1,440 O $4,900 A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account: $2,200 to customer J. Anthony : $4,700 to customer A. Martin; and $1,700 to customer S. Lee. Which journal entry is needed to record these transactions? O Accounts Receivable Control 8,600 Sales Revenue 8,600 Service Revenue 8,600 Accounts Receivable 8,600 Accounts Receivable 8,600 Service Revenue 8,600 Accounts Receivable - J. Anthony 2,200 Accounts Receivable-A. Martin 4.700 Accounts Receivable-S. Lee * 1,700 Service Revenue 8,600