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Lovell Candles had an ending balance in allowance for doubtful accounts of $6,000 in its...

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Accounting

Lovell Candles had an ending balance in allowance for doubtful accounts of $6,000 in its June 30, 2019 financial statements. If Lovell uses the percentage of accounts receivable ending balance method for estimating bad debt expense, and its estimated uncollectible percentage is 3%, what was the ending accounts receivable balance reported in the June 30, 2019 financial statements?

Select one:

a. $200,000

b. $250,000

c. $415,000

d. $375,000

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