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  • Accountingszdfxbgn

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    ArpanJain
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    Write offs are bad debts that will not be paid and reduce the amount receivable while decreasing the allowance. The asset test ratio, also known as the quick ratio, measures money easily available divided by current liabilities. The current ratio measures all current assets divided by current liabilities.

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    dxfcgn ,mnbvcfxgh

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    Write offs are bad debts that will not be paid and reduce the amount receivable while decreasing the allowance. The asset test ratio, also known as the quick ratio, measures money easily available divided by current liabilities. The current ratio measures all current assets divided by current liabilities.

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    © All Rights Reserved
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    3 views4 pages

    Accountingszdfxbgn

    Uploaded by

    ArpanJain
    Write offs are bad debts that will not be paid and reduce the amount receivable while decreasing the allowance. The asset test ratio, also known as the quick ratio, measures money easily available divided by current liabilities. The current ratio measures all current assets divided by current liabilities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    1.

    WRITE OFFS are bad debts which will


    definitely not be paid
    These amounts reduce the amount
    receivable and also decrease the
    allowance
    2.
    ASSET TEST RATIO= QUICK RATIO
    = money easily givable/ current
    liabilities
    CURRENT RATIO= all the current
    assets/
    Current liabilities

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