write-off

Examples of write-off in the following topics:

• Resource Cost Write-Off

  • The term write-off describes removing an asset whose value is zero and is no longer in use from the balance sheet.
  • The term write-off describes a reduction in recognized value.
  • Asset write-offs should not be confused with impairment.
  • A write-off journal entry removes an asset not in use and its related contra account (accumulated depletion) from the balance sheet.
  • An asset write-off removes an asset's cost off the balance sheet and expenses it on the income statement.

• Write-Offs

  • Companies use two methods for handling uncollectible accounts: the allowance method and the direct write-off method.
  • Companies use two methods for handling uncollectible accounts: the direct write-off method and the allowance method.
  • The entry to write off this account is:
  • A write-off does not affect the net realizable value of accounts receivable.
  • Explain how to write off an uncollectible account using both the direct write-off and the allowance method.

• Valuing Notes Receivable

  • Companies have two methods available to them for measuring the net value of accounts receivable: the allowance method and the direct write-off method.
  • Companies have two methods available to them for measuring the net value of accounts receivable--the allowance method and the direct write-off method.
  • The second method is the direct write off method.
  • Differentiate between the allowance method and the write off method for valuing notes receivable

• Valuing Accounts Receivable

  • Companies use two methods to account for bad debts: the direct write-off method and the allowance method.
  • For tax purposes, companies must use the direct write-off method, under which bad debts are recognized only after the company is certain the debt will not be paid.
  • Smith fails to pay a $100 balance, for example, the company records the write-off by debiting bad debts expense and crediting accounts receivable from J.
  • Differentiate between the direct write-off method and the allowance method of accounts receivable valuation

• Introduction to You Are What You Write

  • Consider this: the only thing anyone knows about you on the Internet comes from what you write, or what others write about you.
  • Devoting some care to your writing will pay off hugely.
  • Because that kid didn't write like a thirteen-year-old, no one knew that's what he was.
  • Following are some ways to make your writing give a good impression too.

• Appropriate Language

  • The writer's tone should be contingent on the type of writing.
  • Academic writing should be more formal than personal writing.
  • The goal is formal writing, not extravagant and flowery writing.
  • The reason we want to avoid using clichés in academic writing is that they tend to be ambiguous and can come off as overly colloquial and informal.
  • Avoiding pretentious writing and defining any technical jargon will endow your writing with a clarity that readers will appreciate.

• Getting Help Meeting College Writing Expectations

  • College-level writing obeys different rules, and learning them will help you hone your writing skills.
  • Think of it as ascending another step up the writing ladder.
  • Academic writing can, at times, feel overwhelming.
  • Sunday: Write a final draft.
  • Sign off with your first and last name, the course number, and the class time.

• Brevity

  • What they read is mostly each other's writing.
  • I announce in my business writing workshops that five elements lead to successful business writing: brevity, clarity, correctness, courtesy, and power.
  • "Vaht you musst realize," he said, "iss zat ze reader vill spend vahn fifth off a second on effery vord.
  • Do nott haff ze reader VASTE zat vahn fifth off a second!
  • Write as if you were an orator or a poet.

• Introduction to the Writing Process

• Introduction to Writing in the Humanities