Question: Although this decrease in equity theoretically resulted from the overstatement of revenue, accountants usually record it as an account called Bad Debt Expense . The

Although this decrease in equity theoretically resulted from the overstatement of revenue, accountants usually record it as an account called Bad Debt Expense . The amount recorded as Bad Debt Expense would be $ . An increase in expense has the same effect on equity as a(n) [decrease / increase] in revenue.

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