16. On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10, n/30. The customer made the correct payment on November 17, How would Flores record the collection of cash on November 17? A.Cash 7,840 Accounts Receivable 7,840 B. Cash 7,840 Sales Discounts 160 Accounts Reccivable 8,000 C. Cash 7,840 Sales Revenue 160 Accounts Receivable 8,000 D.ICash 8,000 8,000 Accounts Receivable 17. At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be: A. $6,540. B. $7,800. C. $7,140. D. $7,740