Lail inc. accounts for bad debts using the allowance method. on june 1, lail inc. wrote off andrew green's $2,500 account. based on lail's estimation, andrew green will never pay any portion of the balance in his account.
what effect will this write-off have on lail inc.'s balance sheet at the time of the write-off?
a. an increase to stockholders' equity and a decrease to liabilities.
b. no effect.
c. an increase to assets and an increase to stockholders' equity.
d. a decrease to assets and a decrease to stockholders' equity.

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.