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At December 31,Gill Co.reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (debit) 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:
Fundamentalists
Individuals or groups who strictly adhere to any set of basic ideas or principles, often used in the context of religious fundamentalism with a literal interpretation of sacred texts.
John Scopes
John Scopes was a high school teacher in Dayton, Tennessee, who was charged in 1925 for teaching evolution, leading to the famous Scopes Monkey Trial.
Theory of Evolution
A scientific theory that explains how species evolve over time through natural selection and genetic variations.
Patronizing Casinos
The act of visiting casinos to gamble, which can contribute to local economies but also raise concerns about promoting gambling addiction.
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