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Help Save & Exit 6 On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method

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Help Save & Exit 6 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 $98,000; Allowance for Doubtful Accounts, credit balance of $1,041, What amount should be debited to Bad Debts Expense, assuming 5% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible? 01:16:09 Multiple Choice $3.859 $1041 $4.900 D

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