What is a likely result of an increase in trade between nations? O A. It will increase the cost of goods due to increased competition.
O B. It will restrict the market for domestic products.
O C. It will provide consumers with more choice at lower prices.
O D. It will lower the standard of living in the weaker trade nation.

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?