At December 31, Gill Co. reported accounts receivable of $279,000 and an allowance for uncollectible accounts of $1,500 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:

Multiple Choice

• $9,660.

• $1,500.

• $10,970.

• $11,160.