Asked by rejina kristin on Apr 25, 2024
The net amount expected to be received in cash from receivables is termed the
A) cash realizable value.
B) cash-good value.
C) gross cash value.
D) cash-equivalent value.
Cash Realizable Value
The net amount of cash expected to be received from receivables, after adjusting for any allowances for doubtful accounts.
Receivables
Money owed to a company by its customers or other parties, typically from sales on credit, expected to be collected in the future.
- Comprehend the reasoning and techniques for expediting cash inflows from accounts receivable.
- Outline and separate the concepts of sales, non-trade, and trade receivables.
Learning Objectives
- Comprehend the reasoning and techniques for expediting cash inflows from accounts receivable.
- Outline and separate the concepts of sales, non-trade, and trade receivables.
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