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 means the amount that is expected to be collected from customers after accounting for any uncollectible amounts. This is a conservative approach to reporting the value of accounts receivable on the balance sheet.

Accounts Receivable Are Reported at Their Net Realizable Value