A number that represents the total amount of money owed to a business as reflected in accounts receivable, minus the value of any bad or uncollectable debts that have been written off. Also called book value of accounts receivable.
Related information about net realizable value of accounts receivable:
- What is net realizable value of accounts receivable? definition and ...
Definition of net realizable value of accounts receivable: The total accounts receivable minus the allowance for uncollectible accounts (bad debt). Also called the ...
- How to Calculate Net Realizable Value | Chron.com
Step 3. Subtract the amount of the doubtful-accounts allowance from the total accounts receivable. The result is the net realizable value of accounts receivable.
- What is net realizable value of accounts receivable? definition and ...
Definition of net realizable value of accounts receivable: A number that represents the total amount of money owed to a business as reflected in accounts ...
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Under the allowance method, a write-off does not change the net realizable value of accounts receivable. It simply reduces accounts receivable and allowance ...
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The net realizable value of accounts receivable after adjustment would be $197,450 (i.e., $200,000 - $2,550). > Record the entry assuming that the allowance ...
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The net amount that would be received if all receivables considered collectible were collected: equal to total accounts receivable less the allowance for ...
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Definition of NET REALIZABLE VALUE OF ACCOUNTS RECEIVABLE: Calculated as: total accounts receivable minus uncollectible accounts allowance as bad ...
- Accounts Receivable
The $4,731 million figure at the end of 2009 is the company's estimate of the net realizable value of accounts receivable. Actual (gross) accounts receivable at ...