Business

Drew Blackwell

10 July, 22:49

Accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period.

Based on this information, the adjustment to net income for the period will be reported as:

A) an increase of $2,000 which will be subtracted from net income

B) a decrease of $2,000 which will be subtracted from net income

C) an increase of $2,000 which will be added to net income

D) a decrease of $2,000 which will be added to net income

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