A company has $$93,000$ in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that $5\%$ of outstanding receivables are uncollectible. The current balance $($before adjustments$)$ in the allowance for doubtful accounts is an $$830$ credit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:

Multiple Choice

$$5,480$

$$4,650$

$$3,820$

$$4,692$

$$4,609$

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