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Under the allowance method of accounting for uncollectible accounts, the entry to reinstate a customer's account that had been written off affects the accounting equation
Under the allowance method of accounting for uncollectible accounts, the entry to reinstate a customer's account that had been written off affects the accounting equation by
a decreasing a liability and increasing owner's equity
b increasing a liability and decreasing a liability
c decreasing an asset and decreasing owner's equity
d increasing an asset and decreasing an asset
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