On June $10,$ a $$5,000$ account receivable from a customer was written off using the direct write$-$off

method. On November $1,$ the account was collected from the customer. How would the reinstatemen

of the account $($reversal of the write$-$off$)$ on November $1$ affect the accounting equation?

Accounts receivable and retained earnings would increase.

Accounts receivable would decrease, and retained earnings would increase.

Accounts receivable and retained earnings would decrease.

Accounts receivable would increase, and retained earnings would decrease.