Business, 07.11.2019 01:31, robert7248
On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $95,250; allowance for doubtful accounts, credit balance of $921. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
a. $5,715.
b. $6,636.
c.$4,794.
d. $5,770.
e. $5,660.
Answers: 3
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