What is the purpose of adjusting a notes receivable account at year-end?

• A. To ensure that the balance of the notes receivable account on the balance sheet is accurate and reflects the true amount owed to the company.
• B. To increase the balance of the notes receivable account and show higher revenue for the year.
• C. To decrease the balance of the notes receivable account and show lower expenses for the year.
• D. To write off all the notes receivable and show a lower asset balance on the balance sheet.
• E. To ignore the notes receivable account and not make any adjustments, since they will be collected in the future anyway.