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.
A variation on the write off concept is a write down, where part of the value of an asset is charged to expense, leaving a reduced asset still on the books. For example, a settlement with a customer might allow for a 50% reduction of the amount of an invoice that the customer will pay. write off occurs upon the realization that an asset no longer can be converted into cash, can provide no further use to a business, or has no market value.