Nvidia revealed plans to write-off as much as $5.5 billion in fiscal Q1 2026 (ending 27 April) following the US requiring an export licence for its H20 chips shipped to China. In a stock market filing ...

GAB MARCOTTI: We all know better than to write Real Madrid off, but obviously it will be a ... Raphinha and Robert Lewandowski in top form. It's this firepower up front makes Hansi Flick's side ...

A bit of fortune gifted them a way back into the game, but after Jayson Molumby was sent off late in the game, Bristol City went on to snatch the points in stoppage time. Pope Francis dies aged 88 ...

Labor has extended the current instant asset write-off scheme for a further year, while the Coalition has committed to making it permanent After failing to initially include an extension of its ...

Treasurer Jim Chalmers arrives at Parliament House in Canberra, Tuesday, March 25, 2025. Source: SmartCompany via AAP Image/Mick Tsikas. New Treasury documents show the Albanese government’s $ ...

While federal tax deductions remain consistent nationwide, state-level tax write-offs can impact what you pay in taxes. If you itemize rather than take the standard deduction — $14,600 for ...

For example, the balance sheet shows several asset accounts, including cash and accounts receivable, in its short-term assets section. The double-entry accounting method works based on the ...

Under the direct write-off method, bad debts are expensed. The company credits the accounts receivable account on the balance sheet and debits the bad debt expense account on the income statement.