Question: A large customer owing $ 2 . 8 $ 2 . 8 million for products it already received declared bankruptcy, leaving no possibility that Global

A large customer owing
$ 2.8$2.8
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 increase by
$ 2.8$2.8
million, as would the book value of equity.
B.
Accounts receivable would decrease by
$ 2.8$2.8
million, as would the book value of equity.
C.
Accounts receivable would decrease by
$ 2.8$2.8
million, and the book value of equity would increase by the same amount.
D.
Accounts receivable would increase by
$ 2.8$2.8
million, and the book value of equity would decrease by the same amount.

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