Wilton sells softball equipment.On November 14, they shipped $4,000 worth of softball uniforms to Paola Middle School, terms 2/10, n/30.On November 21, they received an order from Douglas High School for $2,400 worth of custom printed bats to be produced in December.On November 30, Paola Middle School returned $400 of defective merchandise.Wilton has received no payments from either school as of month end.What amount will be recognized as accounts receivable, net on the balance sheet as of November 30?
A)$6,400
B)$6,000
C)$4,000
D)$3,600

Question

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The Answer of Wilton sells softball equipment.On November 14, they shipped $4,000 worth of softball uniforms to Paola Middle School, terms 2/10, n/30.On November 21, they received an order from Douglas High School for $2,400 worth of custom printed bats to be produced in December.On November 30, Paola Middle School returned $400 of defective merchandise.Wilton has received no payments from either school as of month end.What amount will be recognized as accounts receivable, net on the balance sheet as of November 30?
A)$6,400
B)$6,000
C)$4,000
D)$3,600

Wilton Sells Softball Equipment