Mark each of the following statements as either true or false and select the correct answer. An entry to write-off an uncollectible account does not change the net realizable value of accounts receivable. When recording an adjusting entry for bad debt, a debit to Bad Debt Expense and a credit to the Allowance for Doubtful Accounts will affect the balance sheet, but not the Income Statement. Sales Returns and Allowances should not be included as a selling expense True, True, True True, False, True True, False, False False, False, False False, True, True