Net realizable value is determined by adding the Allowance for Doubtful Accounts to Accounts Receivable.

Name: Net realizable value is determined by adding the Allowance for Doubtful Accounts to Accounts Receivable.
Brand: Quizplus
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Quizplus · Accepted Answer

Net realizable value is calculated by subtracting the Allowance for Doubtful Accounts from Accounts Receivable. This is because the allowance represents an estimate of the portion of receivables that are expected to be uncollectible.

Net Realizable Value Is Determined by Adding the Allowance for Doubtful