C At December 31, Gill Co, reported accounts receivable of $249.000 and an allowance for uncolectible accounts of $700 (debi) before any austinents. An analys of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncoectie accounts would be Multiple Choice $6,770 $8.170 $700 $7,470