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At December 31, Gill Co.reported accounts receivable of $300,000 and an allowance for uncollectible accounts of $800 (credit) before any adjustments. An analysis of accounts

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At December 31, Gill Co.reported accounts receivable of $300,000 and an allowance for uncollectible accounts of $800 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be: Multiple Choice $9,000 $8.200 $8,110 $800

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