Accounts receivable had a debit balance of $4,000 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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Accounts receivable had a debit balance of $4,000 at the beginning of the period, and a debit balanc...
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