You have just been hired as the accountant for Fan-Tastic Sports Gear, a wholesaler of sporting goods and apparel. The previous accountant left abruptly, and an accounting intern has been drafting the journal entries since January. You are examining the accounting records before finalizing the journal entries for the first quarter. Some of the accounts receivable transactions that you are reviewing follow. JOURNAL PAGE 11 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 Jan. 17 Sales 9,600.00 2 Bad Debt Expense 9,600.00 3 17 Bad Debt Expense 9,600.00 4 Accounts Receivable-CJ's Sports 9,600.00 5 21 Cash 10,700.00 6 Bad Debt Expense 2,200.00 7 Accounts Receivable-Four Seasons Sportswear 12,900.00 8 Feb. 15 Accounts Receivable-Healthy Running 3,000.00 9 Bad Debt Expense 500.00 10 10 Sales 3,500.00