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At December 31, Gill Co, reported accounts receivable of $240,000 and an allowance for uncollectible accounts of $900 (credit) before any adjustments An analysis of

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At December 31, Gill Co, reported accounts receivable of $240,000 and an allowance for uncollectible accounts of $900 (credit) before any adjustments An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. The amount of the adjustment for uncollectible accounts would be Multiple Choice $900 $3.410. $3.900 $4.800

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