Direct Write Off Method

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Definition: Direct Write Off Method

Direct Write Off Method
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Full Definition of Direct Write Off Method

A way for a financial institution to record a debt that has been judged to be uncollectable, that requires the amount of the debt to be deducted from sales income for the institution for the accounting period in which the debt is labeled as uncollectable.

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https://payrollheaven.com/define/direct-write-off-method/
Modern Language Association (MLA):
Direct Write Off Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/direct-write-off-method/.
Chicago Manual of Style (CMS):
Direct Write Off Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/direct-write-off-method/ (accessed: April 24, 2024).
American Psychological Association (APA):
Direct Write Off Method. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/direct-write-off-method/

Definition Sources

Definitions for Direct Write Off Method are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.