21 d Robbins Inc. owns the following assets at the balance sheet date: Cash in bank-savings account $ 8,000 Cash on hand 1,100 Cash refund due from the IRS 1,000 Checking account balance 12,000 Postdated checks 500 ut of What amount should be reported as Cash in the balance sheet? Select one: a. $21,100 b. $12,000 C. $22,600 d. $22,100 s page Fredonia Co's accounts receivable balance is $250,000 and credit sales for the period are $1,000,000. Additionally, the Allowance for Doubtful Accounts has a zero balance before any adjustments, What adjusting entry will Fredonia Co. make if management uses the percentage of receivables method and estimates that 4% of accounts receivable will be uncollectible? Select one: a. debit Bad Debts Expense $7,500; credit Accounts Receivable $7,500. b. debit Bad Debts Expense $7,500; credit Allowance for Doubtful Accounts $7,500. c. debit Bad Debts Expense $10,000; credit Accounts Receivable $10,000. d. debit Bad Debts Expense $10,000; credit Allowance for Doubtful Accounts $10,000