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i got the effect on net income though i need help with current assets B. The Yummy Candy Company uses the direct write-off method in

i got the effect on net income though i need help with current assets

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B. The Yummy Candy Company uses the direct write-off method in dealing with uncollectible accounts. Indicate the effects on net income and current assets of each of the following transactions. State your answers as: Increase, Decrease, or No effect. (30 points) Transaction Effect on Net Income Effect on Current Assets 1. Write off a customer's account. 2. Reinstate a customer's account 3. Collect in full the balance due

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