What amount of the adjustment for uncollectible accounts

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Problem 1: At December 31, Gill Co. reported accounts receivable of $246,000 and an allowance for uncollectible accounts of $1,300 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. The amount of the adjustment for uncollectible accounts would be

Reference no: EM132657154

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