At December 31,Gill Co

question 159

Multiple Choice

At December 31,Gill Co.reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) .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.

---

Definitions:

Managing Emotional Reactions

The process of identifying, understanding, and regulating one's emotions to respond to situations in a healthy way.

Defensive Coping

Strategies individuals use to protect themselves from psychological harm by denying or rationalizing away sources of stress or anxiety.

Unconscious Level

A part of the mind that influences actions and feelings without one's awareness, as theorized in psychoanalytic psychology.

Psychological Maladjustment

A state of being poorly or inadequately adjusted to environmental demands, often leading to distress or dysfunction.