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4 pts Under the allowance method of accounting for accounts receivable, the recording of an actual write-off of an uncollectible account will have what effect
4 pts Under the allowance method of accounting for accounts receivable, the recording of an actual write-off of an uncollectible account will have what effect on the accounting equation? Total assets decrease and equity decreases. Total assets remain unchanged. Total assets increase and equity decreases. Liabilities increase and equity decreases
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