Question: A large customer owing $ 2 . 6 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.

A large customer owing $2.6 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.(Select the best choice below.)
A.
Accounts receivable would decrease by $2.6million, as would the book value of equity.
B.
Accounts receivable would increase by $2.6million, as would the book value of equity.
C.
Accounts receivable would decrease by $2.6million, and the book value of equity would increase by the same amount.
D.
Accounts receivable would increase by $2.6million, and the book value of equity would decrease by the same amount.

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