5. On December 31 of the current year, a company's unadjusted trial balance included the following: Accounts Receivable, debit balance of $97,250, Allowance for Doubtful Accounts, credit balance of $951. What amount should be debited to Bad Debts Expense, assuming 6% of outstanding accounts receivable at the end of the current year will be uncollectible? A. $5,835 B. $4,884 C. $951 D. $6,788 E. $3,992 6. A company ages its accounts receivables to determine its end of period adjustment 5,750 of for bad debts. At the end of the current year, management estimated that $1 the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $175. What ng nty shouid the company make at the end of the current year to record th Allowance for Doubtful Accoun estimated bad debts expense? Bad Debt Expense 15,575 15,575 Bad Debt Expens 15.150 15,150 Allowance for Doubtful Accounts 15,750 Bad Debt Expense 15925 15925 Allowance for Doubtful Accounts 15,925 Accounts Receivable 15,925 Allowance for Doubtful Accounts Accounts Receivable.. Bad Debt Expens 15,925 15,750 15,925 7. Plant assets are: A. Tangible assets used in the B. Held for sale operation of business that have a usetul lite of less than one accounting period C. Tangible assets used in the operation of a business that have a usehul Iite of more than one accounting period D. Intangible assets used in the operations of a business that have a usetul life of more than one accounting period E. Current assets