Urgent. multiple choice. a dividend is a. money earned from a savings account b. money you pay when buying stock c. money a company shares with the stockholders d. money you earn when you sell property for more than the purchase price

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 $97,900; allowance for doubtful accounts, credit balance of $1,031. 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?