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 $95,250; allowance for doubtful accounts, credit balance of $921. what amount should be debited to bad debts expense, 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. $5,660.

amount  debited to bad debt expenses = $4794

so correct option is C.$4,794

Explanation:

given data

Outstanding account receivable = 95250

credit balance of allowance for doubtful account = 921

rate = 6 %

solution

we get here Allowance for doubtful accounts that is

Allowance for doubtful accounts = 6 % of 95250

Allowance for doubtful accounts = 5715

and

so here amount should be debited to bad debt expenses is

amount debited to bad debt expenses =  5715 - 921

amount  debited to bad debt expenses = $4794

so correct option is C.$4,794

answer is a

explanation:

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol