The examples below further explain how a company writes off bad debt and how these accounts impact each other. The discussion also examines the impact of writing off bad debts on the income statement, balance sheet, and statement of changes in financial position.
Prothrombin is a protein in the blood that is required for the blood to clot. It is also called factor II. Blood clots are composed of a combination of blood platelets and a meshwork of the blood clotting protein fibrin. Prothrombin is a blood clotting protein that is needed to form fibrin.
The FBN2 gene provides instructions for making a large protein called fibrillin-2. This protein is transported out of cells into the extracellular matrix, which is an intricate lattice of proteins and other molecules that forms in the spaces between cells.In this matrix, fibrillin-2 binds to other proteins to form threadlike filaments called microfibrils.ore than 20 mutations in the FBN2 gene have been found to cause congenital contractural arachnodactyly. Most of these mutations change one protein building block (amino acid) in the fibrillin-2 protein, usually replacing the amino acid cysteine with a different amino acid.