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Under the allowance method, when a specific account is written off

a. total assets will be unchanged.
b. net income will decrease.
c. total assets will decrease.
d. total assets will increase.

User Jim Parker
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When engaging to the allowance method, when there is a presence of having to written off a specific amount in the allowance method, what would likely happen is that there will be no change in terms of the total assets so the likely answer is letter a.

User Marco Boerner
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