Assuming the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the entry to record the write-off against the allowance account results in:
a. No effect on the expenses of the current period.
b. An increase in current assets.
c. An increase in the expenses of the current period.
d. A reduction in current liabilities.
e. A reduction in equity.