Question: How does the year - end adjustment for bad debts normally affect financial statements? More than one answer may be correct. Multiple select question. An

How does the year-end adjustment for bad debts normally affect financial statements? More than one answer may be correct.
Multiple select question.
An increase to expenses
A decrease in the carrying value (the net realizable value) of accounts receivable
An increase to total liabilities
A decrease to paid-in capital

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