Question: The entry to write off an Accc eceivable under the allowance method: A . increases net income and total assets B . reduces total assets
The entry to write off an Accc eceivable under the allowance method:
A increases net income and total assets
B reduces total assets and increases not income.
C has no sffect on khal assets and net income.
D reducor mat incsorite ard tofal asasets
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