Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Print Item The collection of an account that had been previously written off under the allowance method of accounting for uncollectibles O does not affect net income in the period it is collected will increase not income in the period it is collected will decrease net income in the period it is collected O requires a correcting entry for the period in which the account was written off