Accounts receivable are usually valued in the balance sheet at:

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Accounts receivable are usually valued in the balance sheet at gross amount less allowance for expected bad debts. This is because accounts receivable are reported at their net realizable value, which is the amount the company expects to collect from customers, after accounting for expected bad debts. The allowance for expected bad debts is based on the company's historical experience with collecting payments from customers, and is an estimate of the amount of accounts receivable that may not be collected in the future.

Accounts Receivable Are Usually Valued in the Balance Sheet At