of the following is the value used to report accounts receivable on the balance sheet?
A) Net realizable value
B) Maturity value
C) Market value
D) Historical cost

Question

Quizplus · Accepted Answer

Net realizable value is the correct value used to report accounts receivable on the balance sheet. It represents the amount of money a company expects to actually collect from its receivables, after accounting for potential losses due to customers not paying.

Of the Following Is the Value Used to Report Accounts