Question: TB 0 8 - 6 4 During the current year, TechCom concluded t . . . During the current year, TechCom concluded that a customer's

TB 08-64 During the current year, TechCom concluded t...
During the current year, TechCom concluded that a customer's $4,400 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?
Multiple Choice
Increase in net income; no effect on total assets
No effect on net income; decrease in total assets
No effect on net income or on total assets
TB 08-64 During the current year, TechCom concluded t... During the

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