Goodman Associates Inc. uses the allowance method to account for uncollectible accounts. On December 1, its VP of Finance authorizes a $2,500 write-off of a balanced owed by J. Pinkman. When Goodman Associates Inc. records the transaction on December 1 it will: increase Bad Debt Expense $2,500 increase Accounts Receivable $2,500 decrease Accounts Receivable $2,500 increase Cash $2,500