Allowance for Doubtful Accounts - Overview, Guide, Examples
https://corporatefinanceinstitute.com/resources/accounting/allowance-for-doubtful-accounts/
WEBAllowance for Doubtful Accounts. $50,000. With the account reporting a credit balance of $50,000, the balance sheet will report a net amount of $9,950,000 for accounts receivable. This amount is referred to as the net realizable value of the accounts receivable – the amount that is likely to be turned into cash.
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