The issue is receiving a $50 dollar advance payment on a $250 future service, and my thought is to debit: cash for the $50, debit service revenue for $200 and credit unearned service revenue for the $250. However, I can't find anything similar in my text book, so is this correct?

Thanks,
mnsmith:confused:

Debit Cash for 50
Credit Unearned Service Revenue for 50

When the service is provided you would do the following transaction:

Debit Cash (if cash Received) or Accounts Receivable (if on account) or a combination of the two for 200
Debit Unearned Service Revenue for 50
Credit Service Revenue for 250