HCl ==> H(+) + Cl(-) (ii) as a colourless fuming gas. The polar covalent gas Hydrogen Chloride is very soluble in Water. In aqueous solution, the molecule exists in ionic form, as the positively charged Hydrogen Ion, H(+), and the negatively charged Chloride Ion, Cl(-).
You determine that a customer who owes you $180 is never going to pay. To write off the debt, reduce both accounts receivable and the allowance by the amount of the bad debt -- $180. You now have an accounts receivable balance of $19,820 and an allowance of $120. Net accounts receivable remains the same: $19,700.hey do this by taking bad-debt expenses and performing write-offs. A bad-debt expense anticipates future losses, while a write-off is a bookkeeping maneuver that simply acknowledges that a loss has occurred.
Write Off of Debt Write off of debt is cancellation of a debt in the account books of a creditor. When a creditor writes off a debt and charges the debtor on the extra amount after the written off debt, it can be taken as evidence that the debtor is discharged from that written off debt. But it may not be conclusive evidence as to the discharge of the liability.