REALIZABLE VALUE Definition

Bookmark and Share

REALIZABLE VALUE is the expected proceeds from converting assets into cash.

Learn new Accounting Terms

CANCEL SUPPORTING DOCUMENTS is to mark supporting documents as having been used to support a transaction so the same documents can't be used to support another transaction. An example is stamping vouchers "paid.”

CONTRA REVENUE ACCOUNT is an account that is offset against a revenue account on the income statement.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.