a) The net realizable value of accounts receivable (after the appropriate adjusting entry on December 31, Year 1) was $144,000. b) The write-off of the account on February 1, Year 2, did not affect the net realizable value of West's accounts receivable. c) The adjusting entry on December 31, Year 1, had no effect on West's total assets. d) The write-off entry on February 1, Year 2, had no effect on West's total assets. e) The write-off entry on February 1, Year 2, decreased net income for Year 2. a) The net realizable value of accounts receivable (after the appropriate adjusting entry on December 31, Year 1) was $144,000. b) The write-off of the account on February 1, Year 2, did not affect the net realizable value of West's accounts receivable. c) The adjusting entry on December 31, Year 1, had no effect on West's total assets. d) The write-off entry on February 1, Year 2, had no effect on West's total assets. e) The write-off entry on February 1, Year 2, decreased net income for Year 2