When an account is written off using the allowancemethod, A Shareholders equity will be reduced B Net income for the period will be reduced C None of these statements are true D The net realizable value of accounts receivable will be reduced

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When an account is written off using the allowancemethod, A. Shareholders equity will be reduced. B. Net income for the period will be reduced. C.

When an account is written off using the allowancemethod,

Shareholders equity will be reduced.

Net income for the period will be reduced.

None of these statements are true.

The net realizable value of accounts receivable will be reduced.

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