{"id":569,"date":"2022-10-04T10:36:24","date_gmt":"2022-10-04T10:36:24","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&#038;p=569"},"modified":"2022-10-04T10:36:24","modified_gmt":"2022-10-04T10:36:24","slug":"write-off","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/write-off\/","title":{"rendered":"Write-Off"},"content":{"rendered":"<p><span data-sheets-value='{\"1\":2,\"2\":\"In accounting, a write-off is an expense or loss that is recorded as a reduction to the value of an asset. The write-off represents the amount of the asset that has been used up or is no longer expected to provide economic benefits.\\n\\nA write-off is typically recorded when the asset is determined to be impaired, meaning it is no longer expected to generate sufficient revenues to recover its costs.\"}' data-sheets-userformat='{\"2\":769,\"3\":{\"1\":0},\"11\":4,\"12\":0}'>In accounting, a write-off is an expense or loss that is recorded as a reduction to the value of an asset. The write-off represents the amount of the asset that has been used up or is no longer expected to provide economic benefits.<\/span><\/p>\n<p>A write-off is typically recorded when the asset is determined to be impaired, meaning it is no longer expected to generate sufficient revenues to recover its costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In accounting, a write-off is an expense or loss that is recorded as a reduction to the value of an asset. The write-off represents the amount of the asset that has been used up or is no longer expected to provide economic benefits. A write-off is typically recorded when the asset is determined to be &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/write-off\/\"> <span class=\"screen-reader-text\">Write-Off<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":3,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"encyclopedia-tag":[],"_links":{"self":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia\/569"}],"collection":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/media?parent=569"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia-tag?post=569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}