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4 A company determined that an account receivable amount should be written-off if the company uses the allowance method, what effect does Multe Chace O

image text in transcribed 4 A company determined that an account receivable amount should be written-off if the company uses the allowance method, what effect does Multe Chace O O Net income no effect; total assets no effect 0 Net income decrease; total assets: no effect Net income increase total assets: decrease Net income: decrease; total assets decrease Net income: no effect total assets increase

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