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30) On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate had debt
30) On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate had 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 Bud Debts Extense, 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) 55.660
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