A reduction in the value of an asset or earnings by the amount of an expense or loss. Companies are able to write off certain expenses that are required to run the business, or have been incurred in the operation of the business and detract from retained revenues.
@DazReht Write off occurs when a company expenses something that would otherwise not be reported as a loss. 4example, Recievables (Amounts to be recieved from customers) are assets to the company (future benefits). when people dont pay what they owe, these recievables are not assets they are losses, because a service was provided, but not paid for. If the ammount owed is left in the recievable account, the company will end up overstating its assets, so it WRITES the uncollectable amount OFF :)
Jerry: "Write it off what?"
Hahahaha
BM151 2 months ago
why am i reading the subtitles?
trje246 4 months ago 2
@trje246 Because you don't know how to ignore them.
agentpissant42 4 months ago
Could've done without the subtitles, but still gold
mattahy 4 months ago
Thanks for the English subtitles.
LaoSoftware 5 months ago 6
@stanleyku.... That is Kramer's character DA
busterbuttonslovey 7 months ago
There is no winning with Kramer. You can't argue with a complete fool.
StanleyKu 8 months ago
@StanleyKu Hipster Doofus
Avpsagaman 8 months ago 3
But they do...and they're the ones...writing it off...
futuredp 9 months ago 6
Kramer is God
skinwalkerxxx 9 months ago
0:39 ROFLOLMFAO
superawesom12 9 months ago
"I wish I had the last twenty seconds of my life back..."
This is a such a funny clip and episode. Golden.
billsfan000 1 year ago
I love how you can tell Jerry was about to burst out laughing. Classic episode.
greenwave1122 1 year ago 29
haha this is by far, the very essence of seinfeld!
kalifa82 1 year ago 4
Comment removed
kalifa82 1 year ago
I love how Kramer just walks off like, "you just got owned"
DannyCashMoney7295 1 year ago 38
I love these little clips
strak1006 1 year ago
What Does Write-Off Mean?
A reduction in the value of an asset or earnings by the amount of an expense or loss. Companies are able to write off certain expenses that are required to run the business, or have been incurred in the operation of the business and detract from retained revenues.
DazReht 1 year ago
@DazReht You are thinking of deductions for tax purposes.
snelso80 1 year ago
@DazReht Write off occurs when a company expenses something that would otherwise not be reported as a loss. 4example, Recievables (Amounts to be recieved from customers) are assets to the company (future benefits). when people dont pay what they owe, these recievables are not assets they are losses, because a service was provided, but not paid for. If the ammount owed is left in the recievable account, the company will end up overstating its assets, so it WRITES the uncollectable amount OFF :)
snelso80 1 year ago
@snelso80 yeah.....and they're the one's....writing it off.
DazReht 1 year ago 3
@DazReht Jerry is about to crack up after Kramer says this.
TheKhaibear 9 months ago