Accounting for dividends declared and distributed decreases liabilities on which of the following dates? a Record date b. Declaration date c. Payment date d. Sale dato Under the allowance method of recording bad debts, what is the effect of the year-end adjusting journal entry: a. Has no effect on Bad Debt Expense b. Decreases the net realizable value of Accounts Receivable c. Increases the net realizable value of Accounts Receivable d. Decreases the Allowance for Doubtful Accounts