Microsoft Dynamics GP Write off an Uncollectible accountsreceivable Under the allowance method, the write off of a specificaccounts receivable:
1. Decreases net income and decreases accounts receivable.
2. Decreases net income and decreases working capital.
3. Affects neither net income nor accounts receivable.
4. Affects neither net income nor working capital.
5. Increases bad debit expense and increases the allowance fordoubtful accounts.
