CourseLover

(12)

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About CourseLover

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 283 Weeks Ago, 1 Day Ago
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 07 Dec 2017 My Price 10.00

effects on the company's net income and total assets

On October 17 of the current year a company determined that a customers account receivable was uncollectible and that the account should be written off. Assuming the allowance method is used to account for bad debts what effect will this write off have on the company's net income and total assets? A. Decrease in net income; no effect on total assets B no effect on net income; no effect on total assets C decrease in net income; decrease in total assets D increase in net income; no effect on total assets E no effect on net income; decrease in total assets

Answers

CourseLover
(12)
Status NEW Posted 07 Dec 2017 03:12 PM My Price 10.00

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