What does the term net realizable value mean with regard to

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What does the term "net realizable value" mean with regard to the accounts receivable account?

a. The gross amounts owed by customers for credit purchases.

b. Total accounts receivable plus an amount estimated for bad debts.

c. The allowance for doubtful accounts less bad debt expense.

d. Total accounts receivable less an amount estimated for bad debts.

Reference no: EM13393311

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