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21 Aug 2018

6. What is the effect of writing off an account receivable on total assets? A) total assets increase B) total assets decrease C) total assets don't change D) can not be determined without additional information

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Nestor Rutherford
Nestor RutherfordLv2
23 Aug 2018

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When a collection is made on accounts receivable

a. Total assets will remain the same

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