- Net credit sales are $1,850,000 for the year - Based on historical data, management expects that 4.0% of credit sales will be uncollectible. - Based on historical data, management expects that 4.0% of outstanding receivables will be uncollectible. - Allowance for Doubtful Accounts has a credit balance of $9000 at January 1,2019. - Accounts Receivable has a debit balance of \$740,000 at December 31, 2019. - Fahey Company wrote off $21,000 of Accounts Recelvable as uncollectible. Estimate Bad Debt Expense for 2019 using the percentage of credit sales method Round yout answer to the nearest dollar: $ Estimate Bad Debt Expense for 2019 using the aging of receivables method. Round your answer to the nearest dollar: $ - Net credit sales are $1,850,000 for the year - Based on historical data, management expects that 4.0% of credit sales will be uncollectible. - Based on historical data, management expects that 4.0% of outstanding receivables will be uncollectible. - Allowance for Doubtful Accounts has a credit balance of $9000 at January 1,2019. - Accounts Receivable has a debit balance of \$740,000 at December 31, 2019. - Fahey Company wrote off $21,000 of Accounts Recelvable as uncollectible. Estimate Bad Debt Expense for 2019 using the percentage of credit sales method Round yout answer to the nearest dollar: $ Estimate Bad Debt Expense for 2019 using the aging of receivables method. Round your answer to the nearest dollar: $