Question: (100 words minimum) Explain why Net Receivables do not change when a specific customer's account is written off the books as uncollectible. Explain why Net

(100 words minimum)

Explain why Net Receivables do not change when a specific customer's account is written off the books as uncollectible.

Explain why Net Income does NOT change when a specific customer's account is written off the books as uncollectible.

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