46.8k views
2 votes
What is the term used to describe the amount of accounts receivable that is actually expected to be collected

2 Answers

0 votes

Answer:

The amount of accounts receivable that is actually expected to be collected is known as: ... allowance for doubtful accounts.

Step-by-step explanation:

User Jeffff
by
5.4k points
0 votes

Question options:

A. Net realizable value

B. Uncollectible accounts expense

C. Present value of accounts receivable

D. Allowance for doubtful accounts

Answer:

Net realizable value

Step-by-step explanation:

The net realizable value is thecterm used to describe expected accounts receivable after allowance for doubtful debts had been deducted. This therefore removes debts that may not be repaid and leaves debts in the account receivables that isn't doubtful and is expected to be paid. It is calculated account receivable balance - allowance for doubtful debts

User JasonGenX
by
4.5k points