Technology is a. the result of research performed primarily by universities. b. applied sciences. c. the application of scientific knowledge to build products that customers desire. d. the application of knowledge and tools to solve problems and perform tasks more efficiently. e. one of the weakest marketing environment forces.

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?