At December 31 , Gill Company reported accounts receivable of $287,000 and an allowance for uncollectible accounts of $1,500 (credit) before adjustment. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. The amount of the adjusting entry for uncollectible accounts would be: Multiple Choice $12,850. $14,350. $1,500. $14,360