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What is meant by accounts written off ?

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Question added by حسين الهادي , Finance Manager , Aman global holding Co.
Date Posted: 2015/07/21
Dilawar Abbas
by 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.

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

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