Assume instead rogala uses the aging of accounts receivable method and estimates that $77 of its accounts receivable will be uncollectible. prepare the adjusting journal entry required at january 3, 2016, for recording bad debt expense. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions (i.e., 10,000,000 should be entered as 10). round your answers to the nearest whole number.) record the adjusting entry for bad debts as of december 31, 2012 using the aging of accounts receivable method.
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