1. Which of the following statements associated with the allowance method for bad debts is false?

		a. The write-off of an uncollectible account does not affect the accounts receivable subsidiary ledger.
		b. The write-off of an uncollectible account does not affect the total amount of current assets.
		c. The write-off of an uncollectible account does not affect current liabilities.
		d. The write-off of an uncollectible account does not affect the income statement.
		e. The write-off of an uncollectible account does not affect stockholders' equity.