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6. Under the direct write-off method, the write-off of a $500 uncollectible account will a. decrease assets by $500 and decrease liabilities by $500. b.

6. Under the direct write-off method, the write-off of a $500 uncollectible account will

a. decrease assets by $500 and decrease liabilities by $500.

b. decrease assets by $500 and increase uncollectible accounts expense by $500.

c. have no effect on total assets.

d. decrease assets by $500 and increase equity by $500.

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