can i please have some help with my chapter 8 homework? Thank you.

Check my work Rogala Foods Inc. was formed in 2015 with the merger of Grouch Mayer and Tashamo Corporation. The company reported the following rounded amounts for the year ended January 3, 2016 (all amounts in millions): Credits Debits $1,100 Accounts Receivable Allowance for Doubtful Accounts Sales (assume all on credit) $ 28 18,100 Required: 1. Assume Rogala uses 1/2 of 1 percent of sales to estimate its Bad Debt Expense for the year. Prepare the adjusting journal entry required for the year, assuming no Bad Debt Expense has been recorded yet. 2. Assume instead Rogala uses the aging of accounts receivable method and estimates that $71 of its Accounts Receivable will be uncollectible. Prepare the adjusting journal entry required at January 3, 2016, for recording Bad Debt Expense. 3. Assume instead that Rogala's uses the aging of accounts receivable method and estimates that $71 of its Accounts Receivable will be uncollectible. Prepare the year-end adjusting journal entry for recording Bad Debt Expense assuming Rogala's unadjusted balance in Allowance for Doubtful Accounts at January 3, 2016 was a debit balance of $32. 4. If one of Rogala's customers declared bankruptcy, what journal entry would be used to write off its $20 balance? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume Rogala uses 1/2 of 1 percent of sales to estimate its Bad Debt Expense for the y for the year, assuming no Bad Debt Expense has been recorded yet. (If no entry is requi Entry Required" in the first account field. Enter your answers in millions (ie. 10,000,000 to the nearest whole number.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume Rogala uses 1/2 of 1 percent of sales to estimate its Bad Debt Expense for the year. Prepare the adjus for the year, assuming no Bad Debt Expense has been recorded yet. (If no entry is required for a transaction/ Entry Required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as to the nearest whole number.) View transaction list View journal entry worksheet Na Date General Journal Debit Credit 1 January 03, 2016 Bad Debt Expense Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume instead Rogala uses the aging of accounts receivable method and estimates that $71 of its Accounts Re uncollectible. Prepare the adjusting journal entry required at January 3, 2016, for recording Bad Debt Expense. for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in milli should be entered as 10). Round your answers to the nearest whole number.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 January 03, 2016 Bad Debt Expense Cola Inc. and Soda Co. are two of the largest and most successful beverage companies in the world in ter products that they sell and their receivables management practices. To evaluate their ability to collect on consider the following rounded amounts reported in their annual reports (amounts in millions). Fiscal Year Ended: Net Sales Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance Cola Inc. 2015 2014 2013 $34,619 $30,490 $31, 444 4,468 3,803 3,131 47 54 50 4,421 3,749 3,081 Soda Co. 2015 2014 2013 $57,338 $42,732 $42,751 6,457 4,704 3,774 143 89 69 6,314 4,615 3,705 Required: 1. Calculate the receivables turnover ratios and days to collect for Cola Inc. and Soda Co. for 2015 and 2 in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round yo to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to calculation.) 2014 2015 Cola Inc. Soda Co. Cola Inc. Soda Co. Receivables Turnover Ratio Days to collect