Under the direct write-off method of accounting for uncollectible accounts, if a written off account is later collected, the overall effect of the two
required entries on the accounting equation
is a(n)
O a. increase in assets and an increase in liabilities
Ob. increase in liabilities and a decrease in owner's equity
O c. decrease in assets and a decrease in owner's equity
d. increase in assets and an increase in owner's equity
