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 ...

The Journal of Accounting Research publishes original research using analytical, empirical, experimental, and field study methods in accounting research. The journal had been published since 1963 by ...

Inventory requires a large portion of your cash when you run a small business. You can't afford to pay for inventory you can't use. When you find damaged goods that you can't sell, you must document ...