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What is meant by accounts written off ?

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تم إضافة السؤال من قبل حسين الهادي , Finance Manager , Aman global holding Co.
تاريخ النشر: 2015/07/21
Dilawar Abbas
من قبل Dilawar Abbas , Accounts Officer , VAC Technical Service LLC

Normally it is the portion of Accounts Receivable remained irrecoverable. Therefore that irrecoverable portion is considered as bad, and charged to expense through accounting entry and called written off.

juma chaye
من قبل juma chaye

accounting write off is the procedures taken by an organization to change  transaction into expense 

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