As of december 31, 2015, gill co. reported accounts receivable of $218,000 and an allowance for uncollectible accounts of $8,800. during 2016, accounts receivable increased by $22,400 , and $7,650 of bad debts were written off. an analysis of gill co.'s december 31, 2016, accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for 2016 would be: $6,062.$7,212.none of these answer choices are correct.$7,650.

Option (A) is correct.

Explanation:

Accounts receivable as on 12/31/2016 = $218,000

A/R as on 12/31/2017:

= Accounts receivable as on 12/31/2016 + Increase in A/R

= $218,000 + $22,400

= $240,400

uncollectible accounts = 3% of accounts receivable

                                      = 0.03 × $240,400

                                      = $7,212

Allowance 12/31/2016 = $8,800

Writes Off = $7,650

Therefore,

Allowance = Allowance 12/31/2016 - Writes Off

                 = $8,800 - $7,650

                 = $1,150

Hence,

Bad debt expense for 2016 = uncollectible accounts - Allowance

                                              = $7,212 - $1,150

                                              = $6,062

answer; (a) conduct a worksite inspection;

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it