Question: What is the effect to retained earnings when bad debts expense is $ 5 0 0 ? Multiple Choice Retained earnings decreases $ 5 0

What is the effect to retained earnings when bad debts expense is $500?
Multiple Choice
Retained earnings decreases $500
Sn
No effect to retained earnings
Retained earnings increases $500
The allowance for doubtfiul acrounts is nat effected
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What is the effect to retained earnings when bad debts expense

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