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On December 31st of current year, the trial balance of a company used in the percentage of receivable method to estimate bad debt include the

On December 31st of current year, the trial balance of a company used in the percentage of receivable method to estimate bad debt include the following: accounts receivable debit balance of $100,000, allowance for doubtful accounts credit balance of $1000. What amount should be debited to bad debt expense assuming a 5% of the outstanding accounts are uncollected?

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