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A. Increases the allowance for uncollectible accounts.
B. Has no effect on the allowance for uncolletible accounts
C. Decreases net income. accounts.
D. Has no effect on net income.
Option (D) ...... Has no effect on net income.
Provided the allowance account is sufficient.
D. No effect to net income
Entry would be:
Dr. Allowance for doubtful accounts
Cr. Accounts receivable
option D- Has no efect on Net Income.
d -Has no effect on net income
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