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33 As of December 31, 2015, Gill Co. reported accounts receivable of $226,000 and an allowance for uncollectible accounts of $8,500. During 2016, accounts receivable

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33 As of December 31, 2015, Gill Co. reported accounts receivable of $226,000 and an allowance for uncollectible accounts of $8,500. During 2016, accounts receivable Increased by $22,800. Including $7.600 in bad debts that were written off. An analysis of Gill Co.'s December 31, 2016. accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. Bad debt expense for 2016 would be: 8 ) Multiple Choice o o o None of these answer choices are correct o

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