At December 31, Gill Co. reported accounts receivable of $293,000 and an allowance for uncollectible accounts of $1,050 (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:

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: $1,050. $4,810 $3,520. O $5,860