Question 31 2 pts Nezhat Corporation Accounts for Bad Debts using the Allowance Method. On June 1, 2021. Nezhat Corporation wrote off Andrew Green's $2,500 Account Receivable. Based on Nezhat Corporation's estimate, Andrew Green will never be able to pay any portion of the balance in his Account Receivable. The effect of the write-off of the Accounts Receivable of Andrew Green on the Balance Sheet of Nezhat Corporation is: A decrease in Assets and a decrease in Stockholders' Equity An increase in Stockholders' Equity and a decrease in Liabilities. An increase in Assets and an increase in Stockholders' Equity No Effect D Question 32 2 pts The primary distinction between Operating Activities and Nonoperating Activities in a Multiple-Step Income Statement is whether the activity is Part of primary business operations. Related to Current versus Long-Term Assets A large or small dollar amount Reported as a Revenue or an Expense. MacBook Air