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help please Which of the following statements is correct in regard...

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Accounting

help please
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Which of the following statements is correct in regard to the recovery entry of a specific accounts receivable previously written-off under the allowance method? Time left 114.00 Select one O alt only affects the Balance Sheet Ob does not affect the Balance Sheet Oc it only affects the income Statement dit affects both the income Statement and the Balance Sheet You are a credit manager who is using the A/R Aging (Balance Sheet) approach to estimating AFDA each month end. You have noticed that when preparing monthly financial statements, the unadjusted trial balance is consistently showing a debit balance in the Allowance for Doubtful Accounts (AFDA), Briefly exploin WHY this is occurring and identify three changes you would make to decrease your company's overall credit risk 3 A B 1

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