NRV

Accounting Terms Dictionary

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NRV

Net Realizable Value

This is the amount of money the company can actually expect to receive. If my accounts receivable is $40,000 and my allowance for doubtful accounts is $1,000 then realistically I can expect to receive $40,000 -$1,000 or $39,000. $39,000 is my net realizable value.

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