The difference between the balance in Accounts Receivable and the balance in the Allowance for Doubtful Accounts is called the net realizable value of the receivables.

Name: The difference between the balance in Accounts Receivable and the balance in the Allowance for Doubtful Accounts is called the net realizable value of the receivables.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

The net realizable value of the receivables is the difference between the balance in Accounts Receivable and the balance in the Allowance for Doubtful Accounts.

The Difference Between the Balance in Accounts Receivable and the Balance