Frank Company has a $5,000 credit balance in its Allowance for Doubtful Accounts account. During December it wrote off $1,200 as uncollectible from a bankrupt customer. This action will:

	A.	decrease net income for the period.
	B.	none of the above.
	C.	decrease owners equity.
	D.	decrease total accounts receivable.
	E.	decrease total assets.