Dear sea friends, could you help translate what “Investment Write-off” means?
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Can Investment Write-off be understood as working capital? Are there any other explanations? Thank you for your advice, expert!
Reply 1# kimezhou: I’m not sure how to translate it accurately, but it’s not what you think. Investment write-off is likely a serious situation; the investment has been deemed a failure, and the investor wants to withdraw their funds.
Write-off, exemption? Failure? Investment incentives might just mean no investment at all
Investment write-off means that the funds invested in a project cannot be recovered, and it is treated as a bad debt in financial records.
It should be investment cancellation or investment write-off.
In our context, when applying to dispose of fixed assets, \"write-off\" refers to the process of scrapping them. For example, if a new pump is purchased, then it means that the existing pump has to be scrapped – that’s what \"write-off\" entails. This is just my personal opinion, for reference only.
In our context, when applying to dispose of fixed assets, \"write-off\" refers to the process of scrapping them. For example, if a new pump is purchased, then it means that the existing pump has to be scrapped – that’s what \"write-off\" entails. This is just my personal opinion, for reference only.