In Year One, the Simon Company wrote off a $14,000 receivable as uncollectible. However, on May 17, Year Two, the customer returned and paid Simon the entire amount. Which of the following is correct as a result of this payment?

a. Accounts receivable goes down, but the allowance-for-doubtful-accounts account is not

changed.

b. Accounts receivable goes down, and the allowance-for-doubtful-accounts account also goes down.

c. Accounts receivable stays the same, but the allowance for doubtful accounts goes up.

d. Accounts receivable stays the same, and the allowance for doubtful accounts also stays the same.