Lifetime sells softball equipment. on november 14, they shipped $2,000 worth of softball uniforms to palos middle school, terms 2/10, n/30. on november 21, they received an order from tinley high school for $1,200 worth of custom printed bats to be produced in december. on november 30, palos middle school returned $200 of defective merchandise. lifetime 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 november 30

Consider the following potential events that might have occurred to global on december​ 30, 2016. for each​ one, indicate which line items in​ global's balance sheet would be affected and by how much. also indicate the change to​ global's book value of equity. a. global used $ 19.8$19.8 million of its available cash to repay $ 19.8$19.8 million of its​ long-term debt. b. a warehouse fire destroyed $ 4.9$4.9 million worth of uninsured inventory. c. global used $ 4.6$4.6 million in cash and $ 5.1$5.1 million in new​ long-term debt to purchase a $ 9.7$9.7 million building. d. a large customer owing $ 3.2$3.2 million for products it already received declared​ bankruptcy, leaving no possibility that global would ever receive payment. e. ​global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 48 %48%. f. a key competitor announces a radical new pricing policy that will drastically undercut​ global's prices.