Accounting Terms Dictionary

Select a letter below to view all accounting terms that begin with that letter.


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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