Question: Under the allowance method, the entry to reinstate an account previously written off: (Points : 4) A. increases total assets. B. increases net income and

Under the allowance method, the entry to reinstate an account previously written off: (Points : 4) A. increases total assets. B. increases net income and increases total assets. C. decreases net income and increases total assets. D. has no effect on net income or total assets

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