Indicate how each of the accounts listed are increased. Selections may be used once, more than once, or not at all. A. Credit B. Debit select 1. Sales Returns and Allowances select 2. Sales Revenue select 3. Allowance for Doubtful Accounts select 4. Sales Discounts Which of the following is not true regarding the allowance method for accounting for bad debts? A. it records bad debt expense each accounting period, if needed. B. it never affects the income statement. C. total current assets do not change when a write-off occurs. D. it provides more accurate balances of receivables on the balance sheet