Business, 02.10.2019 03:00 LuluMathLover101
At december 31, gill co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (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: a. $6,540. b. $7,800. c. $7,140. d. $7,740.
Answers: 2
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At december 31, gill co. reported accounts receivable of $238,000 and an allowance for uncollectible...
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