Accounts receivable are reported at their net realizable value.

Name: Accounts receivable are reported at their net realizable value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounts receivable are reported at their net realizable value, which is the amount of money that a company expects to receive from its customers after accounting for any bad debts or other issues that may impact payment. This is known as the net realizable value, and it is the most accurate way to value accounts receivable on a company's balance sheet.

Accounts Receivable Are Reported at Their Net Realizable Value