State the Effect on Net Income of Each of the Following

question 2

Essay

State the effect on net income of each of the following independent transactions. State your answer as: increase, decrease, or no effect.
$$\begin{array} { | c | c | } \hline { \text { Transaction } } & \begin{array} { c } \text { Effect on Net } \\\text { Income }\end{array} \\\hline \text { 1. Prepare adjusting entry for uncollectible } & \\\text { accounts. } & \\\hline \text { 2. Write-off a customer's account. } & \\\hline \text { 3. Reinstate a customer's account and } & \\\text { collect the balance due. } & \\\hline\end{array}$$

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Definitions:

Automatic Slack Adjuster

A component in a vehicle's braking system that automatically adjusts the brakes as they wear to maintain proper function.

Linear Force

Linear force refers to a force acting in a straight line, as opposed to rotational force, affecting the motion of objects in the direction of the force applied.

Mechanical Advantage

Mechanical Advantage is a concept in physics and engineering describing the factor by which a mechanism multiplies the force or torque applied to it, making it easier to perform work.

Brake Free Stroke

The distance or movement a brake lever or pedal undergoes before the brake mechanism engages and begins to apply stopping force.