Valuation of Accounts Receivable The net realizable value of a company's accounts receivable is the balance of the accounts receivable account I. Plus the allowance for sales returns II. Minus the allowance for doubtful accounts III. Plus deferred gross profit IV. Minus allowance for sales discounts a. 1, II, III, and IV b. II and IV C. II, III, and IV d. I, II, and III All work saved. MacBook Pro 000 F FS F6 57 DIL FB F9 F10