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)
a. increase in assets and an increase in liabilities
Ob. increase in liabilities and a decrease in owner's equity
Oc. decrease in assets and a decrease in owner's equity
d. increase in assets and an increase in owner's equity