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Traylor Corporation reports net income for the year of $565,000. An uncollectible account of $125 is written off. Which of these is/are true? A. Net

Traylor Corporation reports net income for the year of $565,000. An uncollectible account of $125 is written off. Which of these is/are true?

A. Net income will decrease by $125.

B. Net income will not change.

C. Net accounts receivable will decrease.

D. Both A and C are true.

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