answersLogoWhite

0


Best Answer

write-off

n. Accounting. # ## A cancellation of an item in account books. ## The amount canceled or lost. # A reduction or depreciation of the entered value of an item.

Above retrieved from Answers.com

Viper1

User Avatar

Wiki User

17y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a write off?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the plural form of write-off?

Write-offs is the plural of write-off


Can you write off a liability?

It is possible to write off a liability. When doing this, you need to write it off as 'other income'.


Can you write off child support?

no you can not write off child support


How to write letter to hr for c off?

To write a letter to the HR for a sick off, write sick off as the reference and address it to the HR.


What is the meaning of idiom write it off?

"Write it off" means to dismiss something.


What is the Plural of write-off?

Write-offs


Write-off---What is the meaning of bank lone write off?

A bank loan write-off is when the customer doesn't pay the loan and the bank writes it off as a bad debt. In a write-off, the bank includes a bad debt as an uncollectible loss on its tax return.


Can I write off a junk car donation on my taxes?

You can write off almost any donation on your taxes. Junk car donation is also something that you can write off.


Can a parent gift a car to a child and write it off?

They can gift a car, but they can't write it off.


What is write off and write back?

A write off occurs when a customer does not pay their bill. The company decides that they might never collect it and they write it off, or take it off the books. A write back occurs when the same customer finally pays the bill or part of it. The amount paid is then added back to assets.


What is the Luhya translation of write off?

The African Luhya translation of the English word 'write off' is "Ibiraa".


Difference between Write off and adjustment in medical billing?

Co45 is adjustment co29 is write off