Question: Question 3 (1 point) During the current year, TechCom concluded that a customer's 54,400 account receivable was uncollectible and that the account should be written

Question 3 (1 point) During the current year, TechCom concluded that a customer's 54,400 account receivable was uncollectible and that the account should be written off. What effect will this write-off have on TechCom's current year net income and balance sheet assuming the allowance method is used to account for bad debts

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