Written off
To remove from the business’ accounting records. In accounting, it usually refers to the removal of a credit customer’s debt from the books due to insolvency, bankruptcy, death or being non-contactable despite numerous repeated attempts.
To remove from the business’ accounting records. In accounting, it usually refers to the removal of a credit customer’s debt from the books due to insolvency, bankruptcy, death or being non-contactable despite numerous repeated attempts.
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