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11. Jackson Sports, Ing.sells footballl equipment. On March 10, they shipped $2,500 worth of football uniforms and helmets to Bowen High School, terms 2/10,n/30. On

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11. Jackson Sports, Ing.sells footballl equipment. On March 10, they shipped $2,500 worth of football uniforms and helmets to Bowen High School, terms 2/10,n/30. On March 18, they received an order from Ridgemoor High School for $1,750 worth of shoulder and knee pads to be produced in April. On March 20, Bowen High School returned $250 of defective merchandise. Jackson has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of March 31? a. $2,250 b. $2,500 C. $4,000 d. $4,250 12. An aging of a company's accounts receivable indicates that $14,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,100 debit balance, the adjustment to record bad debts for the period will require a a. debit to Bad Debt Expense for $15,100. b. debit to Allowance for Doubtful Accounts for $12,900. c. debit to Bad Debt Expense for $12,900. d. credit to Allowance for Doubtful Accounts for $14,000

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