July 3. Wrote off the remaining $46,405 owed on account as uncollectible. Balance Sheet Assets Liabilities Stockholders Equity Accounts receivable Allowance for doubtful accounts July. 3. - 46,405 146405 X Statement of Cash Flows Income Statement No effect No effect Oct. 8. Reinstated the account that had been written off on July 3. Do not record the collection of cash yet.) Balance Sheet Assets Liabilities Stockholders' Equity Retained earnings X Allowance for doubtful accounts No effect Accounts recevable -46,405 x Oct. B. - 16,405 x Income Statement Statement of Cash Flows Cost of merchandise sold X -46,405 x No effect