My question is SE 6-4

Cambridge Business Publishers a. c. Chapte SE6-4. The Financial Statement Effects of Write-Offs Jeffrey Company wrote off $500 in accounts re- ceivable owed from Michael Company. Before the write-off, Net Accounts Receivable for Jeffrey Company were $144,000, which consisted of Accounts Receivable of $150,000, and an Allowance for Doubtful Accounts of $6,000. Which of the following effects did this write-off have on the financial statements of Jeffrey Company? Net Accounts Receivable declined by $500 b. Total Assets declined by $500 All of the above d. None of the above SE6-5. Recording Dishonored Promissory Notes Receivable On September 30, the Camelback Com- pany accepted a $50,000, 60 day, nine percent, promissory note in exchange for an overdue ac- counts receivable balance for the same amount from the Schwartz Company. On November 30, the Schwartz Company dishonored the note. What should be recorded on November 30? Increase Dishonored Note Receivable Expense; decrease Notes Receivable. b. Decrease Allowance for Doubtful Accounts; decrease Notes Receivable. Increase Accounts Receivable; increase Interest Income; decrease Notes Receivable. d. None of the above is correct. a. c. three percent credit card fee on