Within market method accounting, NRV is only used as an approximation of market value when amortization of premium on bonds payable the market value of inventory is unknown. Is it worth it to hold on to that equipment or would you be better off selling it? Net realizable value (NRV) is used to determine whether

If your business does not account for all assets and liabilities or leaves out pertinent data by mistake, the valuation will then be inaccurate. To begin the valuation process, you will need to gather several documents and statements. A business appraiser will use the data from statements, such as your business’s income statement, balance sheet,