Rogala Foods was formed in 2015 with the merger of Grouch Mayer and Tashamo Corporation . The company reportedthe following rounded amounts for the year ended January 3, 2016

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following rounded amounts for the year ended January 3, 2016 (all amounts in millions): Credits Debits $1,820 Accounts Receivable Allowance for Doubtful Accounts Sales (assume all on credit) $20 17,360 Required: 1. Assume Rogala uses 3/4 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 $79 of its Accounts Receivable will be uncollectible. Prepare the adjusting journal entry required at January 3, 2016. for recording Bad Debt Expense. 3. Assame instead that Rogala's uses the aging of accounts receivable method and estimates that $79 of its Accounts Receivable w 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 $40. 4. one of Rogala's customers declared bankruptcy, what journal entry would be used to write off its $10 balance? Complete this question by entering your answers in the tabs below. Required 4 Want of sales to estimates Bad Debt pense for the year. Prepare the adjusting journal entry required oming Bad Ott Expenses recorded very convenient Noora Record the entry for bad debt expenses under the sercentage of the method. Note: Enter debits before credits Date January 03 General Jouma 2016 Record entry Clear entry