Use the Information Above to Answer the Following Question

Multiple Choice

Use the information above to answer the following question.In January 2015,the company writes off a $500 account which it determines is uncollectible.If the company uses the allowance method,which of the following is true?

A) The write-off will decrease the current assets by $500.
B) The write-off will decrease net income for 2015 by $100.
C) The write-off will decrease net accounts receivable by $100.
D) The write-off will not increase the expenses for 2015.