The concept of "net realizable value" crops up in two major categories of business bookkeeping: inventories and accounts receivable. Both are classified as current assets, meaning they are assets that ...
In accounting, NRV is an acronym that stands for "net realizable value." An asset's net realizable value is the amount of money a business expects to receive when it sells or collects on the asset.
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...
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