What is the term used to describe the amount of accounts receivable that is actually expected to be collected?
A)Allowance for doubtful accounts
B)Uncollectible accounts expense
C)The present value of accounts receivable
D)Net realizable value

Question

Quizplus · Accepted Answer

The net realizable value of accounts receivable represents the amount of receivables a company estimates it will actually collect.

What Is the Term Used to Describe the Amount of Accounts