Reinstating Written-Off Accounts The Watergate Company uses the allowance method of recording credit losses and wrote off a customer's account in the amount of $2,100. Later, the customer paid the account. The company reinstated the account by means of a journal entry and then recorded the collection. What is the result of these procedures? Olncreases total assets by $2,100 ODecreases total assets by $2,100 ODecreases total assets by $4,200 OHas no effect on total assets