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.
Point Mutations. A point mutation is a single-letter swap -- an exchange of two bases (adenine to cytosine, for example) at a single location in the DNA molecule. Since the sequence of letters in a gene determines the sequence of amino acids in the protein it encodes, a point mutation can change the amino acid sequence of the resulting protein. Sometimes a change in the protein's amino acid sequence can have dramatic results. For example, sickle cell disease occurs when a single-point mutation in the gene that encodes the hemoglobin molecule results in deformed red blood cells.