Question $17$

ots

Aerospace Electronics reports $$531,257$in credit sales for $2018$ and $$532\mathrm{.}818$ in $2019.$ They have a $$470,315$ accounts receivable balance at the end of $2018,$ and $$452,345$ at the end of $2019.$ Aerospace uses the income statement method to record bad debt estimation at $8\%$ during $2018.$ To manage earnings more favorably, Aerospace changes bad debt estimation to the balance sheet method at $5\%$ during $2019.$ Determine the bad debt estimation for $2018.$ Round to the nearest whole dollar, no decimal places.

Question $18$

$1$ pts

Aerospace Electronics reports $$590,700$ in credit sales for $2018$ and $$534,417$ in $2019.$ They have a $$446,743$ accounts receivable balance at the end of $2018,$ and $$454,084$ at the end of $2019.$ Aerospace uses the income statement method to record bad debt estimation at $6\%$ during $2018.$ To manage earnings more favorably. Aerospace changes bad debt estimation to the balance sheet method at $8\%$ during $2019.$ Determine the bad debt estimation for $2019.$ Round to the nearest whole dollar. no decimal places.