Helppp In the United States, the official poverty rate is the percentage of residents who (1 point)
O are unable to purchase food or water anywhere in the country
O
are earning a household income that is less than the threshold set by government
0
are earning an individual income that is less than the threshold set by government
O
are unable to purchase food or water from local sources

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?