Question: Indicate the effect ( intrease , decrease, or No Effect ) that each of the four transactions has on Cullumber Company's assets, liabilities, stockholders' equity,

Indicate the effect (intrease, decrease, or No Effect) that each of the four transactions has on Cullumber Company's assets, liabilities, stockholders' equity, and net income.
\table[[,Assets,Liabilities,Stockholders' Equity,Net Income],[1.,,,,],[2.,,,,],[3.,,,,],[4.,,,,]]
Question 1 of 2
3.285
No Account Titles and Explanation
Debit
Credit
(1)
Allowance for Doubtful Accounts
(To record write-off of accounts receivable)
(2)
(To reverse write-off of accounts receivable)
(3)
Accounts Receivable
(To record collection of accounts receivable)
(4)
Allowance for Doubtful Accounts

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