Citrus Distributors have just concluded their first year of operations. They are evaluating their approach to bad debt expense. They

currently utilize the aging approach to estimate bad debt expense but would like to compare the results to the percentage of sales

approach. The below dashboard presents the two different approaches:

What was the estimated uncollected percentage used to determine the estimated uncollectible amount for each of the aging categories? Not Yet Due: Up to $90$ Days Past Due: Over $90$ Days Past Due: What percentage of total credit sales was used to estimate bad debt using the percentage of sales approach? Percentage of Total Credit Sales: What would be the total estimated bad debt under each approach: Aging Approach: Percentage of Sales Approach: