Mama's Meatballs uses the AR Aging method to estimate bad debt expense. During 2020, Mama's realizes it will never be able to collect $5,425 due from Winston Italian Goods for a crate of goods sold to him on credit. Mama's writes off this receivable in December 2020. What is the net effect to each of the following? Assets Select) Liabilities [Select) Shareholder Equity [Select) Assume the details in the above question. In January 2021, Winston receives an inheritance and returns to Mama's and pays $2,100. What are the two journal entries Mama's records for this recovery