to write off inventory

to write off inventory
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English-russian accounting dictionary. 2014.

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  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • inventory adjustment —    a loss caused from prior overvaluation of goods    Usually arising from a failure to write down slow moving, damaged, or unsaleable stocks and not providing for pilferage. Also as inventory correction:     Company officials blame the losses on …   How not to say what you mean: A dictionary of euphemisms

  • Average Age Of Inventory — The average number of days it takes for a firm to sell a product it is currently holding as inventory to consumers. The formula to calculate the average age of inventory is C/G x 365, where C is the average cost of inventory at its present level… …   Investment dictionary

  • Warnaco Group — Warner Brothers Corset Company redirects here. For the film studio, see Warner Bros.. Warnaco Group, Inc Type Public (NYSE: WRC) Industry Textiles, Apparel Luxur …   Wikipedia

  • Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… …   Wikipedia

  • Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …   Wikipedia

  • Big bath — accounting is the process where publicly traded corporations write off or write down certain assets from their balance sheets in a single year. The write off removes or reduces the asset from the financial books and results in lower net income… …   Wikipedia

  • Military Affairs — ▪ 2009 Introduction        Russia and Georgia fought a short, intense war in 2008, fueling global fears of a new Cold War. On August 7 Georgia launched an aerial bombardment and ground attacks against its breakaway province of South Ossetia.… …   Universalium

  • Capital formation — Gross capital formation in % of gross domestic product in world economy Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined… …   Wikipedia

  • Historical cost — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium


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