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Which of the following statements is not correct? The journal entry to write-off an uncollectible account receivable decreases operating income. The journal entry to record

Which of the following statements is not correct? The journal entry to write-off an uncollectible account receivable decreases operating income. The journal entry to record bad debt expense decreases retained earnings. The journal entry to record bad debt expense decreases current assets. The journal entry to write-off an uncollectible account receivable does not affect current assetsimage text in transcribedimage text in transcribed

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