One of Orange Soda Company's trainee accountantis analyzing the impact of willing off or a bad debt expense on the balance sheet. He argues that the total assets should go down Why is this not the case Hint Consider the effect of both entries taken together Multiple Choice Because lowance and Accounts receivable are deducted for the same amount Because bad debt expense and Accounts receivable are deducted for the same amount Because the abilities increase when bad debts become higher Because there can increase in total stand stockholders equity