The net realizable value of accounts receivable is the full amount owed by customers.Net realizable value is the net amount of cash we expect to collect.

Question

Quizplus · Accepted Answer

The net realizable value of accounts receivable is the amount that we expect to collect after deducting any allowances for uncollectible accounts or discounts. It is not the full amount owed by customers, but rather the amount we realistically expect to receive.

The Net Realizable Value of Accounts Receivable Is the Full