Question: Hubert Inc. uses the aging method in accounting for its uncollectible accounts. On March 31, the company wrote off an uncollectible account in the amount

Hubert Inc. uses the aging method in accounting for its uncollectible accounts. On March 31, the company wrote off an uncollectible account in the amount of $1,250. What effect does the write off have on the company's accounting equation? Select one: O A. Decreases shareholders' equity and total assets by $1,250 O B. Increases and decreases assets by the same amount, $1,250 C. Increases total assets and decreases shareholders' equity by $1,250 0 D. Decreases bad debt expense and total assets by $1,250
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