The new management of YC Inc. wants to increase financial accounting net income in their first year of running the company. Which of the following will most likely increase net income in the coming year? (Ignore any income tax effects.)
A) Sell accounts receivable at the end of the year.
B) Postpone paying for inventory purchases until next year.
C) Reduce the amount of bad debt expense accrued.
D) Issue bonds payable at a premium at the end of the year.