What amount does a company expect to collect from Accounts Receivable?
A)gross amount of Accounts Receivable
B)net realizable value of Accounts Receivable
C)gross amount of Accounts Receivable minus Allowance for Uncollectible Accounts
D)B and C

Question

Quizplus · Accepted Answer

The net realizable value of Accounts Receivable is the amount the company expects to collect, which is calculated as the gross amount of Accounts Receivable minus the Allowance for Uncollectible Accounts.

What Amount Does a Company Expect to Collect from Accounts