Question: When using the allowance method for bad debts, the entry to write-off an accounts recievable as uncollectible will: A. decrease total assets and net income

When using the allowance method for bad debts, the entry to write-off an accounts recievable as uncollectible will:

A. decrease total assets and net income

B. increase total assests and decrease net income

C. have no effect on assets and net income

D. have no effect on assets and decrease net income

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